“People invest in mining equities because 80+ percent of mines that are built extend their life or expand the production profile. But we still get exposure to that, obviously getting exposure to their revenue. If they extend the mine life, we still get that upside. So it’s a nice blend of being in this slightly more protected position,” he said.
“If we were a mining company, we’d probably have (one) single project, maybe not even in production yet. As a royalty company, we’ve got 21 assets spread around the globe, with multiple commodities. So on top of the instruments being de-risked relative to equity (and) the business model itself, Trident as a company is this low-risk profile relative to a mining company.”
Thacker Pass royalty receipts include $10.5 million generated per year at Phase 1 production, with a potential increase to $21 million per year at Phase 2.
Watch the full interview with Trident Royalties CEO Adam Davidson above.
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This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.
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