Hello Bostin,

Keeping (e.g. 5%) seems a lot more risk and not sure if we would get 5% of the cashflow or perhaps  5% of the net profilt?  We would also need to wait several years before there's actually some residual cashflow left as capex and loans would be paid first.

It's my understanding that NSR Royalties are based on roughly 95% of the revenues.  So even if the price of copper plunges back to (e.g. 1$), we would still get a nice chunk of money and payments would start upon first delivery to the smelter.

MoneyK