Post by
bovalena on Dec 11, 2021 1:32pm
Great Bear to scale
So, if Great Bear suggest that nearly 8.5 milion ounces may exist and their deal is structure so that 8.5 million ounces is worth 1.8 Billion dollars then that suggest that if we hit 50 million ounces then our 20 percent is worth nearly 2 Billion dollars (excluding royalty) and our current market cap is 115 million so 20x our money from here? This is very simplistic but please let me know if I am way off1 Wallace
Comment by
Fabe on Dec 11, 2021 3:13pm
Not all onces are equal...
Comment by
Olympia2 on Dec 12, 2021 3:21pm
with 5,998,927 Tudor shares held by TUO, TUO actualy owns 22% of Treaty Creek Doing a calculation for TUO's 1% nsr gives the 70 mio ounces dream an incredible boost. On TUO's website, there is a interesting calculation example. https://teuton.com/royalties/
Comment by
rockport1 on Dec 12, 2021 4:54pm
This is a very interesting catch Olympia2! I have read through the NSR mateiral from the MDAs on SEDAR a few times, but never noticed this purchase option for Teuton before. I wonder if this was newly added to the website, based on some deep digging through the old contracts? Fascinating indeed.