Junius Albin (@nofairytales) 's Twitter Profile
Junius Albin

@nofairytales

Risk-reward investment & speculation | Metals & Mining | Royalty & streaming companies | Micro & small caps |

! No investment advice, only discussing ideas !

ID: 1179784371869552640

calendar_today03-10-2019 15:45:36

478 Tweet

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Win-win? Appears to be a good deal for $TFPM.TO, but an even better one for $AIR.V. Clean Air Metals would have had to dilute shareholders by 1/3 to raise the same amount of cash in equity. However, despite of the 40% royalty buyback, the asset is burdened by multiple royalties.

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Sibanye-Stillwater reaffirms its interest in ZCCM-IH's $MLZAM Mopani copper mine. $SSW signed an NDA. CEO Froneman indicated a transaction could be finalized by midyear He also mentioned competition for the deal, but sees $SSW as well positioned for an agreement with Glencore.

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After copper drill results at Coldstream North, Goldshore Resources $GSHR.V now posted decent gold grades at Coldstream East. Empress Royalty Corp. $EMPR.V, your shareholders would certainly appreciate further details on your royalty coverage over the area. goldshoreresources.com/goldshore-inte…

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As royalties become an apparent profitability issue for (quite some) #mining companies in this cost inflationary period, wouldn't that require higher long-term prices for #commodities? With royalty and streaming finance being more and more common, it becomes self-reinforcing.