RE Royalties Ltd V.RE

$1.10 by June 2024 (20 months)

[pierrelebel]

For readers new to this company,, a quick reminder that nearly 10 million warrants were issued this spring with an exercise price of $1.10, expiring in June 2024, twenty months from now.

I expect that large investors and institutions who subscribed to the new issue expect to see at least $1.10 by June 2024 or earlier.

Based on the current price of $0.75 per share, this would represent a capital appreciation of over 46% in twenty months or less - in addition to the quarterly dividend yielding over 5%

Not bad for the patient investor wishing to invest in renewable energy.

[JayBanks]

  This was one of the things that excited me about this company, even if they don't make $1.10 but are fairly close I'll bet the institutions exercise as the direct injection of $$$ will help thier current holdings. That said I fully expect them to achieve that mile marker and would enjoy if people convert early to pick up dividends and inject more in the piggy bank. I've