Post by Kilnon Feb 14, 2025 10:05am

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Post# 36453514
3% Royalty - Mine 14
3% Royalty - Mine 14 Valory plan to produce 1.3 million tonnes per year of coking coal. Coking coal currently sells for around US$220 per tonne. The royalty is 3%, which equates to US$8.6 million per year or, C$12 million per year - pre tax C$0.18 per share per year. Valory have the expertise and people to bring Mine 14 into production. This long-life mine should be in production in 2026, at which time the royalty could be sold to a royalty company.