Dear subscribers,
Although exploration at their flagship Regnault was progressing successfully, seeing Kenorland Minerals converting their 20% interest with JV partner Sumitomo into a 4% NSR royalty can be considered a gamechanger. Not only does this prevent the contribution of 20% of ongoing expenditures, but such a NSR can be monetized much easier, at any time with anyone, and is highly coveted in the current mature royalty and streaming market, with more and more players looking for such royalties on projects that can actually become a mine. Read more about it here:
Gamechanger Deal For Kenorland Minerals: Converts 20% Frotet Interest Into 4.0% NSR Royalty
Regards,
The Critical Investor