Beware the Little Man in the CockpitBPT has had a wonderful run this year, but a fundamental catalyst will result in an abrupt breakdown from the larger Head and Shoulders, triggering with a break underneath the smaller Head and Shoulders at $11.50. That H&S, formed after rejecting from the 125 Exponential Moving Average, is the little pilot for the larger rocket ship pointing downward. As you can see, not much support exists beneath that level. The catalyst will be; BPT was the most generous payer of dividends on the entire stock marke, but the payouts are set to expire in 2023. Investors are going to bail. Unlike most royalties, BPT has high liquidity and moves with great volatility. I'm scouting follow through with these reversal patterns, and then I'll position a short.
Royalties
Royalties and Copyright: How DAOs Will Facilitate These in Web3So the reality of the NFT marketplace right now is that there is no way to technically enforce royalty payments for artists since it's up to the platform to decide to honor that or not. (Search the phrase online and you'll see that it's the talk of the industry right now - this includes the original artist for those monkey jpegs too, btw - she was left out of the equity deal and basically got nothing.) There might be a way to close this loophole at some point but for now, it's something both artists and collectors need to be mindful of if they really care about the ideals of Web3.
The blockchain can be a double-edged sword in this way - on one hand, everyone has more autonomy and freedom to do what they want, but it's probably unwise to assume everyone will be doing things in good faith. Some platforms are already advertising them ripping artists off as a 'discount". And there's nothing stopping them from undercutting other platforms who actually are honoring the royalties in good faith.
If mp3 pirating apps and other Web2 content sites are any indication, we know that the tech industry as a whole tends to be more sympathetic to the one doing the undercutting than the ones honoring the deals...because "disruption" or something. There's an inherent distrust of collective action as a whole in the ethos of Silicon Valley right now, though that's another issue altogether. Either way, a lot of the money made in Web2 were done on the backs of artists and creatives basically doing things for free. That is how the business model works, at the end of the day.
But this is also the reason why we have fake-news, false advertising, dystopian narratives everywhere, and why many techies don't get the status/prestige they think they deserve despite making so much money, working long hours, and screaming a lot on social media. There's 0 chance that you'll leave a positive legacy if you're constantly screwing over the folks who're writing the songs, after all.
The "Web3" movement is more fragile than a lot of people think, since once you start looking into the details you realize how easily this whole thing could just become another iteration of Web2 with crypto-buzzwords thrown on top. Bitcoin is already there, Ethereum also on its way (we'll see if the merge will help them act together), Dogecoin wants to do the right thing but doesn't know how. Aside from the good doggie Doge (🐕🥰), the recession taking these projects down a peg or two wouldn't be a bad thing, imo - it'll open up avenues for more serious projects in the altcoin category to emerge. (I do like Tezos in this regard, which I covered a few times here too.)
--
When I was in the Bay Area a few years ago, I still remember a few of my friends taking "gigs" where the job was to follow some rich family around and create albums/pictures of them - for their "legacy". Beyond cringey 😬 and usually a mask for the deeper personal issues that was lurking underneath. Not to mention Silicon Valley's obsession with the Singularity, anti-aging products, and artificial-intelligence that is an implicit confession that because they will definitely not be remembered after one generation, everything must be done in order to keep their influence artificially alive. That's the sort of ethos that we're living in right now - and also why I felt like I had to leave that place, just in order to maintain my sanity. (That latter part is TBD but can't imagine how worse it'd be if I was still there, honestly.)
But it's the sort of race-to-the-bottom, screw-the-creator-at-all-costs types of "content" that are perfect candidates for ending up on the trash-pile of history - which will probably include most Web2 platforms and its affiliated leaders right now. If people wanted boredom, hopelessness and gaslighting, all they have to do is go to the status quo - Web3 was supposed to be arbiter to bring something different, not more of the same. Most of the smart ones in the large, powerful institutions saw the writing on the wall and left years ago - the ones still hanging on are probably the first to go when the recession hits and people's priorities start to change.
So what can be done? Well, the good news is that DAOs and blockchains allow us to organize and track things objectively, artists can collectively judge whether or not a platform is doing things in accordance to their interests and needs. In a few years, I think I can see these DAOs - neither a private company nor a traditional union - influencing the market by making recommendations to both artists and collectors out there about which platforms to use...and if the platforms want to actually survive long-term, they have to comply.
This is one very practical application of a DAO (which functions similar to industry associations, trade-unions, performance rights organizations, or standard-settings orgs like ICANN or W3C) and there are many more to come - though it will require the artist to take a more active role in defending their self-interests more than they have in recent history. I know that there's a lot of artists out there who have abandoned all hope at this point - but the time to give up isn't now. Some of history's biggest achievements were done through DAO-like orgs and the idea of it becoming a thing in the near future should be a good thing, over all.
The blockchain is there for us to organize ourselves, hold people and parties accountable, and most importantly GET ARTISTS PAID. That's the thing that will solve the world's "fake news" problem, and the overall malaise and hopelessness that we're experiencing now as a whole. Real art doesn't just parrot an agenda - it tells the truth, after all. The work is just beginning now, if anything.
typed.art
Vox Royalty Smoothes Out VolatilityHaving multiple royalties within a portfolio means Vox Royalty has enough diversification to clearly smooth out the volatility.
High inflationary environments are great for commodities and equities, but for miners, there is an increase in costs and CapEx. Not so with the royalty company.
Their expenditure doesn't change but they have access to the widening profit margins when each of the producers realise their gains.
TORONTO, ON / ACCESSWIRE / March 8, 2022 / Vox Royalty Corp. (TSX.V:VOX)(VOTCQX:VOX) ("Vox" or the "Company"), a high growth precious metals focused royalty company, is pleased to provide recent development and exploration updates from royalty operating partners Gold Standard Ventures Corp. (TSX:GSV) ("Gold Standard Ventures"), Genesis Minerals Limited (ASX:GMD) ("Genesis"), Develop Global Limited (ASX:DVP) ("Develop"), Norwest Minerals Limited (ASX:NWM) ("Norwest"), and Alamos Gold Inc. (TSX:AGI) ("Alamos").
Spencer Cole, Chief Investment Officer stated: "The past month of royalty operator newsflow includes the exciting release of the South Railroad feasibility study, ongoing exploration success at Sulphur Springs, Puzzle North and Bulgera, capped off by consistent development guidance for Lynn Lake. Each of these projects are being aggressively progressed by well-capitalized operators towards near-term resource updates and development decisions. 2022 continues to be shaping up as a record year for the Vox royalty portfolio based on these developments."
Key Development Updates
Robust feasibility study released for the South Railroad gold project in Nevada by Gold Standard Ventures;
Exceptional drilling results set to underpin growth at Puzzle North gold project by Genesis;
Strong drilling results at the Sulphur Springs copper-zinc project by Develop are likely to result in a significant resource upgrade;
Positive drilling results at the Bulgera gold project by Norwest; and
Significant capital budget planned in 2022 by Alamos for the Lynn Lake (MacLellan) gold project.
South Railroad (Pre-Feasibility) - Robust Feasibility Study Released(1)
Vox holds a 0.633% net smelter return royalty with advance minimum royalty payments over key portions of the South Railroad gold project, which is located in the prolific Carlin Trend of Nevada;
Vox has been receiving advance minimum royalty payments from Gold Standard Ventures since October 2021;
On February 23, 2022, Gold Standard Ventures announced the following feasibility study results:
After-tax IRR of 62% and NPV5 of US$487M at Spot Gold Price (US$1,899.20 per ounce) and after-tax IRR of 44% and NPV5 of US$315M at US$1,650 per ounce gold ("Base Case Gold Price");
Payback of 1.6 years at Spot Gold Price and 1.9 years at Base Case Gold Price;
29% increase in Mineral Reserves to 1.6 million gold ounces;
10.5-year operating life with total gold production of over 1 million ounces, with an average gold production of 152,000 ounces over the first four years;
Launch of construction financing process, targeting 75% from non-equity sources, to be completed this year in advance of final construction permits; and
Orion Mine Finance to provide Gold Standard Ventures with a term sheet of up to $200 million to support the construction of the South Railroad Project.
Vox Management Summary: These compelling feasibility study results closely match Vox management's estimates formed during due diligence for the South Railroad rancher royalty. This high-return project is being fast-tracked towards a first production target in 2024, based on Gold Standard Ventures management guidance.
Kookynie (Pre-Feasibility) - Exceptional Drilling Results at Puzzle North Discovery
Vox holds a A$1/t production royalty on part of the Kookynie gold project(2);
On February 3, 2022, Genesis announced:
Outstanding new results from reverse circulation ("RC") drilling across multiple areas, confirming potential to expand the mineral resource at the Ulysses Gold Project near Leonora in Western Australia;
Broad, high-grade zones of gold mineralisation intersected from shallow depths in RC drilling at the Puzzle North Discovery, including:
21USRC1186: 27m @ 8.18g/t Au from 30m;
21USRC1190: 34m @ 13.36 Au from 42m, including 1m @ 382.6g/t Au from 68m; and
21USRC1192: 29m @ 2.91g/t Au from 52m;
Drilling at Puzzle North has now defined mineralisation over 600m of strike and up to 100m width, with the mineralisation remaining open both at depth and along strike;
Mineralisation at the southern end of the Puzzle pit extended over 200m south with results including:
21USRC1114: 11m @ 2.20g/t Au from 82m;
21USRC1119: 4m @ 9.07g/t Au from 92m;
21USRC1123: 5m @ 5.98g/t Au from 79m; and
21USRC1127: 47m @ 1.07g/t Au from 95m;
A large drilling program is currently being planned for the Puzzle North to Puzzle corridor.
Vox Management Summary: This exciting gold exploration royalty that Vox acquired for less than A$150k in 2020 is being rapidly drilled to include the royalty-linked Puzzle North discovery in an expanded feasibility study at the Ulysses gold project. The potential development timeline for this project from exploration to development continues to exceed Vox management expectations.
Sulphur Springs (Pre-Construction) - Strong Drilling Results Point to Significant Resource Upgrade
Vox holds a A$2/tonne production royalty (capped at A$3.7M) on the Sulphur Springs copper-zinc deposit and an uncapped A$0.80/tonne production royalty on the Kangaroo Caves deposit, which is part of the combined Sulphur Springs project;
On February 10, 2022, Develop announced:
It has now received ~60% of the assays from the A$10M resource infill and exploration drilling program at Sulphur Springs;
The drilling has been highly successful, with numerous high-grade mineralisation intersections of more than 50m, significantly thicker than anticipated and with two of the intercepts being the thickest intersections achieved in the project's history;
The results point to a substantial conversion of Inferred Resources to the higher confidence Indicated Resource classification;
The upgrade in Indicated Resource classification will pave the way for Develop to update reserves, mine development plans, project costings and to finalise funding options;
Exploration drilling has also returned outstanding results, paving the way for an increase to the total resource;
A resource update is scheduled for mid-2022; and
Preparations for construction of the exploration decline are proceeding rapidly with the approval request submitted. This will be pivotal because it will enable drilling to be conducted faster, and cheaper and brings forward capital/access to the underground deposit.
Vox Management Summary: Under the new leadership of Northern Star Resources founder Bill Beament, the Sulphur Springs project is on track to be expanded in resource size and fast-tracked into underground decline development within the next 12 months. This drilling success indicates that the potential economics of this high-grade copper project are improving month to month.
Bulgera (Exploration) - New High-Grade Drilling Results
Vox holds a 1% net smelter return royalty over the Bulgera gold project;
On February 3, 2022, Norwest announced:
The first three of seven diamond drill holes extend new high-grade gold lode to beyond 400m down dip of the shallow Bulgera open pit;
Drill results included:
BDD21003: 11.3m @ 3.25g/t gold from 260m (downhole), including 4m @ 4.5g/t Au from 260m and 3.3m @ 5.3g/t Au from 268m;
BDD21001: 16.5m @ 1.20g/t gold from 128m and 3m @ 4.10g/t gold from 166m;
BDD21002: 6m @ 2.07g/t gold from 195m;
It is sourcing a drill rig to undertake the Phase 2 diamond drill program (targeting March/April 2022) which will test mineralisation to ~700m down-dip of the Bulgera open-pit; and
Norwest's CEO, Mr. Charles Schaus commented: "Assay results from the first 3 diamond holes confirms that strong gold mineralisation extends beyond 400 metres down dip of the shallow Bulgera open pit. Once the gold assays from the remaining 4 diamond holes are received (over the coming weeks), the Company will commence re-modelling the Bulgera gold resources which should add considerably to the current, 94,000-ounce, gold resource reported in April 2020".
Vox Management Summary: Norwest management are now guiding towards a remodelled and expanded resource estimate for the past-producing Bulgera gold project which would increase the value of Vox's royalty. Oxide ore from Bulgera was last processed at the nearby Plutonic gold mine in 2004 and given the haul road remains in place, credible near-term development options are available for Bulgera.
Lynn Lake (MacLellan, Feasibility) - 2022 Capital Budget
Vox holds a 2% gross revenue royalty (post initial capital recovery) on part of the MacLellan deposit at the Lynn Lake gold project;
On February 23, 2022, Alamos announced:
the total capital budget for Lynn Lake in 2022 is US$14M, including US$11M for development activities and US$3M for exploration;
Development activities will be focused on environmental work in support for permitting detailed engineering and other site access upgrades; and
The approval of the Environmental Impact Statement for the project is expected in the second half of 2022, following which Alamos expects to make a construction decision.
Vox Management Summary: Alamos management has been very consistent in guiding towards a 2022 construction decision at Lynn Lake and is currently guiding investors towards 2025 first production in its corporate presentation. Alamos' 2022 capital budget further supports its consistent project development guidance.
Qualified Person
Timothy J. Strong, MIMMM, of Kangari Consulting LLC and a "Qualified Person" under National Instrument 43-101 - Standards of Disclosure for Mineral Projects, has reviewed and approved the scientific and technical disclosure contained in this press release.
About Vox
Vox is a high growth precious metals royalty and streaming company with a portfolio of over 50 royalties and streams spanning eight jurisdictions. The Company was established in 2014 and has since built unique intellectual property, a technically focused transactional team and a global sourcing network which has allowed Vox to become the fastest growing company in the royalty sector. Since the beginning of 2019, Vox has announced over 20 separate transactions to acquire over 45 royalties.
Royalties, The Hidden Gold Mine in CryptoDecentraland (MANA) has recently added royalties payments to their wearables market -- it might seem like a small thing right now, but testing out economies in "for fun", low-risk products like avatars pave the way towards more serious applications like NFTs, copyright, and asset markets later on.
Right now, the crypto community is still unlearning the bad habits of Web 2, which is one-off NFT sales boosted by marketing and/or celebrity status in exchange for short-term gains. But that is not where the real money is -- the combined amount of the small business communities will outshine any of the current projects a 100x (literally) if they can get the ecosystem running correctly. The secret to crypto mainstream adoption is figuring out how partnership/distribution deals can be automated in a fair, clear way and the ones that figure it out will take the whole pie, imo.
Also a reminder that fair royalty deals usually work in favor of small businesses, which is 99% of the market.
More detailed post, here:
mirror.xyz
Royalties, The Hidden Gold Mine in CryptoDecentraland (MANA) has recently added royalties payments to their wearables market -- it might seem like a small thing right now, but testing out economies in "for fun", low-risk products like avatars pave the way towards more serious applications like NFTs, copyright, and asset markets later on.
Right now, the crypto community is still unlearning the bad habits of Web 2, which is one-off NFT sales boosted by marketing and/or celebrity status in exchange for short-term gains. But that is not where the real money is -- the combined amount of the small business communities will outshine any of the current projects a 100x (literally) if they can get the ecosystem running correctly. The secret to crypto mainstream adoption is figuring out how partnership/distribution deals can be automated in a fair, clear way and the ones that figure it out will take the whole pie, imo.
More detailed post, here:
mirror.xyz
VOX PROVIDES DEVELOPMENT & EXPLORATION UPDATESBased on this strong operator progress, Vox management expects that 2022 has potential to be a record year for discovery drilling, engineering studies being released and projects moving into production.”
Key Development Updates
• Update on the feasibility study, permitting and construction financing at the South Railroad gold project in Nevada by Gold Standard Ventures;
• First production guidance reiterated for H2 2022 at Bulong gold project by Black Cat; and
• Substantial drilling updates at the Bowdens silver project by Silver Mines, the Higginsville mine by Karora, the Pedra
Branca platinum group metals (“PGM”) project by ValOre, and the Uley graphite project by Quantum. South Railroad (Pre-Feasibility) – Feasibility Study Expected Q1 2022
• Vox holds a 0.633% net smelter royalty with advance minimum royalty payments over part of the South Railroad gold project, which is located in the prolific Carlin Trend of Nevada;
• Vox received initial advance minimum royalty payments of ~C$100,000 from the South Railroad royalty in October 2021;
• On November 10, 2021, Gold Standard Ventures announced:
o It anticipates that the feasibility study for the South Railroad project will be completed in Q1 2022;
o In-fill drilling results at the Pinion deposit indicates the possibility of converting approximately 350,000
contained ounces of gold for inclusion in the feasibility mine plan in Pinion Phases 4 and 5, expected to be
majority royalty-linked based on historical disclosure by Gold Standard Ventures;
o Expected timing of the Record of Decision permit is anticipated to be in Q1 2023; and
o It anticipates commencing the construction capital financing process in conjunction with the release of the feasibility study in Q1 2022.
• Vox Management Summary:
The South Railroad project is advancing in line with Vox management expectations based on due diligence completed for the royalty acquisition in June 2021. The majority of the additional ~350,000 ounces expected in Pinion Phases 4 and 5 are expected to be royalty-linked and to generate meaningful royalty revenue for Vox. 2022 promises to be a transformational year for South Railroad with the release of a feasibility study, construction financing process updates and permitting progress.
To read more of the RNS www.voxroyalty.com
Buyers are stepping in on first Gold pour for Thor and VoxFirst gold pours at the Segilola Gold Mine in West Africa by Thor Exploration.
July 30th operators completed the first gold pour. Thor is transitioning into the operating phase of the project, which means they are moving towards full-scale steady state commercial productions in September.
They are targeting 80-85,000 oz per annum, which will equate to around 45k/oz by the end of this year, and then they are looking to ramp up towards 100k/oz next year.
This royalty means good news for Vox as they receive cash flow into the portfolio alongside the other 3 production stage royalties.
The revenue generated from this mine for Vox should be 5x the initial investment over the next 3 years which was C$900k. The potential C$4.5 from Segilola has given Vox confidence to up their revenue forecasts for this year towards
C$5 million revenues which is double their previous announcement at the end of Q1. There will obviously be a lot more news coming in the next 3 years so it will be interesting to see how the other production stage assets fair and which new ones up the revenues and by how much.
Vox Royalty is protected from the challenges that occur taking a mine into production as they have no exposure to CapEx. That is not to say the mine should it fail to find the necessary materials, machinery and other COVID related disruptions, would not hinder the revenues being projected. The good news is the mine's operators are doing a sterling job so far and have an amazing track record.
VOX: another month of exciting royalty operator partner newsflowLooking to see if this positive news flow can get the share price back above June's recent swing high. Positive divergence between price and the stochastics are encouraging but confirmation is needed.
Riaan Esterhuizen, Executive Vice President – Australia stated, “Yet another month of exciting royalty operator
partner newsflow for Vox shareholders relating to discoveries, resource expansions, project financing and ESG best
practice. We are particularly excited by the exceptional Puzzle North drilling results including 60m @ 3g/t and the
Pitombeiras 221% mineral resource increase. Vox investors can look forward to a catalyst-rich H2 2021, including
maiden mineral resources for royalty-linked Puzzle North, McTavish and mining studies for Lynn Lake Nickel and
Pitombeiras.”
Summary of Exploration Updates
• Growth in Puzzle North discovery with exceptional new wide shallow intercepts by Genesis;
• Resource estimate update at Pitombeiras and 221% increase in Measured and Indicated Resources(3);
• Commencement of a modern mining study for the potential restart of mining operations at the Lynn Lake
nickel-copper-cobalt sulphide project by Corazon;
• Capital raising to fund exploration activities at the Kookynie gold project by Metalicity; and
• Partnership for Karora to become one of the world’s first net zero greenhouse gas junior gold mining
companies.
Kookynie (Pre-Feasibility) – Exceptional Growth in Puzzle North Discovery
• Vox holds a A$1/t production royalty on part of the Kookynie gold project1;
• On June 15, 2021, Genesis announced that:
o Reverse circulation drilling continues to confirm the potential to grow all key deposits which form
the Ulysses Gold Project, including the royalty-linked Puzzle North deposit;
o Puzzle North has been expanded with significant new shallow results, which are some of the most
outstanding drilling results ever reported by Genesis in the history of the Ulysses Project, including
the following drilling highlights:
▪ 60m @ 3.03g/t Au from 106m (hole 21USRC855)
▪ 84m @ 1.98g/t Au from 84m (hole 21USRC912)
▪ 40m @ 2.52g/t Au from 44m (hole 21USRC911)
o Management of Genesis commented that:
▪ “The Puzzle North discovery is developing into a significant zone of shallow gold
mineralisation that clearly has the makings of a new open pit mine.”
▪ “The recent drilling may have a significant impact on our development plan – particularly
the exciting shallow results at Puzzle North and the high-grade zone at Admiral deeps –
and we are considering the possibility of including these new elements in our Feasibility
Study.”
• Vox Management Summary: Puzzle North is shaping up to be an exciting gold discovery and operator
guidance suggests that this has the potential to be a new open pit mine, which may be included in the
upcoming Ulysses feasibility study. This exploration royalty acquired in 2020 has growing potential to
generate revenue for Vox shareholders.
Pitombeiras (PEA Stage) – 221% Increase in Measured & Indicated Resources(3)
• Vox holds a 1% net smelter royalty over the Pitombeiras vanadium-iron ore project;
• On June 16, 2021, Jangada announced an updated resource estimate(3) at Pitombeiras North and South
Targets, with the following highlights:
o 221% increase in Measured and Indicated Resources (“M&I”) based on two of eight identified
targets (see technical note 3 below for further detail):
▪ M&I Resources of 5.10Mt at 0.46% V2O5, 9.04% TiO2 and 46.06% of Fe2O3
▪ Inferred Resource of 2.33Mt at 0.41% V2O5, 8.26% TiO2 and 43.18% of Fe2O3
o Exploration potential remains open along strike and at depth - Jangada has established a target to
potentially delineate 10Mt of total mineral resources.
o Drilling programme at Goela target started in late April 2021 and is expected to be concluded by
end of June 2021
o Updated Preliminary Economic Assessment (“PEA”) to be completed in Q3 2021 following the
delivery of the updated mineral resources for both Pitombeiras and Goela, which will include new
metallurgical tests.
• Vox Management Summary: A resource increase of >200% is uncommon in the mining industry and
generally indicates strong momentum in exploration success. The updated Pitombeiras PEA in Q3
2021 will provide guidance for potential royalty revenue that could commence as early as Q1 2022,
based on prior guidance from operator Jangada. The pace of this royalty development continues to
exceed Vox management expectations.
Lynn Lake Nickel (Exploration) – Mining Studies Commence at Lynn Lake Nickel Project
• Vox holds a 2% gross revenue royalty (post initial capital recovery) on part of the Lynn Lake nickel-coppercobalt project (“Lynn Lake”);
• On May 26, 2021, Corazon announced:
o International mining consultants Palaris have been engaged to undertake mining studies for the
potential recommencement of mining operations at Lynn Lake with modern mining and processing
practices - scope of work includes:
▪ Undertaking individual bridging studies in key areas to identify a viable basis of project
design before progressing into future study phases; and
▪ Determining the favoured path forward, utilising “best-fit” mining and processing
techniques to deliver an attractive, long-life mining operation at Lynn Lake.
o Studies are expected to be completed in the following quarter and will feed into more detailed work
designed to advance the development of the Lynn Lake Project.
• Vox Management Summary: Lynn Lake was mined for 24 years until 1976 and was one of North
America’s major nickel operations, producing 206,200t nickel and 107,600t copper. Since 1976 mining
studies undertaken for a potential re-start of the mine have only considered historical mining and
processing methods. This modern mining study accelerates this royalty from exploration to early
development.
Kookynie (Advanced Exploration) – Equity Raise for Advancement of Kookynie Gold Project
• Vox holds a A$1/t ore production royalty (with gold grade escalator1
) on part of the Kookynie gold project
held by Metalicity; and
• On June 15, 2021, Metalicity announced that it has received firm commitments for a strongly supported
A$3,000,000 equity raise. The funds raised will be used to advance the Kookynie gold project, continue to
develop its maiden JORC resource estimate (including royalty-linked McTavish deposit), together with
providing working capital and funding for potential new opportunities.
• Vox Management Summary: This equity raise will fund a maiden resource estimate for the McTavish
gold deposit on Vox’s royalty tenure, which should re-rate the value of this exploration royalty.
Higginsville – Dry Creek (Producing) – Partnership to Become Net Zero Greenhouse Gas Emissions Company
• Vox holds a price-linked production royalty(2) that is equal to A$0.60/gram gold produced at current gold
prices (effective 0.85% net smelter return economics) on part of the Higginsville gold mine held by Karora;
and
• On June 14, 2021, Karora announced a new partnership with The Net Zero Company to commit to and to
implement a pathway to becoming one of the world’s first net zero junior gold mining companies, as follows:
o Karora will work with The Net Zero CompanyTM to seek to ensure its approach to setting and
achieving GHG reduction targets is inline with best practices based on available science to achieve
the aspirations of the Paris Agreement. As the program is further outlined and targets are identified,
updates will be provided to the market.
o Karora's initial focus will be on Scope 1 and 2 emissions reductions, followed by Scope 3 emissions
reductions to work toward its goal of reaching True Net Zero (Scope 1, 2 and 3) status.
o Progress on the GHG reduction program will be included in Karora's inaugural ESG Report which
is expected in early 2022.
• Vox Management Summary: This progressive partnership demonstrates Environmental, Social &
Governance (ESG) best practice by Karora management. The quality, responsibility and track record
of the Karora management team is what Vox looks for in our royalty operating partners.
Astralis Group and the "Easy money fast lane" It's all in the chart as they say. This is the first proof of concept of the easy money fast lane level. This will decide whether we're in the bottom of an uptrend or in the middle of a downtrend at today's date.
Why I'm buying Astralis Group, and why you should too. This idea will be updated throughout the year of 2020, so stay tuned and keep coming back for more as this company unfolds it's true potential.
I wanted to get this idea published before the scheduled news event happening on February 6th , a few hours from now, as I believe that Astralis Group is preparing for a liftoff on an unprecedented scale.
It most likely won't happen in the next few hours, but I wanted to get this analysis published before this event - for a cleaner before & after chart.
The reasons to buy Astralis Group is many, and I will be using this thread to dissect their business model, and give you some concrete reasons why the growth potential in this company is widely underestimated.
If you are a tentative buyer, and prefer having a proper analysis in hand before making a decision, this thread should help give you an understanding of the company's strategy, and what makes up the company value.
Please note that the CEO has previously stated in their prospect that they don't expect to pay out Dividends on the shares for the first couple of years. This is something to keep in mind, as we look for more buying opportunities.
While keeping that in mind, I want to note that the current per share value is rather low, and the total shares in circulation is at 56.759.777 total shares.
For now, I am issuing a buy and hold signal. This is not likely to change for the foreseeable future.
EMX ROYALY CORPORATION - NYSE: $EMX One To WatchTECHNICAL
For the past year, EMX Royalty Corporation NYSE: EMX has traded in a range between $1 - $1.50 despite all the gyrations throughout the resource and precious metals mining sector. While many Jr. mining stocks have had a tough go of it for the most part with the exception of the very strongest names within the group, EMX has held-up and continues to display solid technical characteristics.
When observing the Daily chart above, we can see that EMX continues to trade above its 20/50 and 200 DMA's, suggesting a favorable technical posture.
In addition, when extending out to the Weekly and Monthly time-frames, EMX also portrays a picture of strength. Thus, we have favorable technical characteristics across multiple time-frame durations.
Therefore, both investors/traders may want to put the shares of EMX front-and-center on their radars for further monitoring moving forward as we suspect that when the next major advance ensues within the precious metals space EMX is positioned and poised to shine.
RGLD: Strong trend, interesting upside on the horizon$RGLD is a royalty company that invests, acquires and manage precious metals royalties and streams. The very strong technical chart suggests it's an ideal play to capture upside in gold while keeping risk low.
Their margins are typically much larger than explorers and producers, which allows them to thrive even during gold bear markets, which explains the drastically lower volatility compared to the gold chart.
Now that gold looks to be poised for a major move, I think $RGLD gives us great opportunity and surely deserves a look here.
I labeled some technical signals on the quarterly and monthly timeframes. The long term trend is already up, and targets point to prices over $200 in the not so distant future.
Best of luck if investing in shares of this company.
Have a nice weekend.
Ivan Labrie.
