In this interview at the Precious Metals Summit 2024, Peter Behncke, Director of Corporate Development & IR at Gold Royalty Corp (NYSE: GROY), provides insights into the current gold market and his company’s strategic position.
Behncke begins by addressing the gold price hitting all-time highs, setting a positive context for Gold Royalty Corp’s operations. He talks about the company’s impressive growth trajectory, highlighting the expansion from 18 royalties at IPO to a current portfolio of 242, including seven cash-flowing assets.
Behncke details their recent acquisition of the Varys copper stream, emphasizing its impact on near-term cash flow. He then explains the company’s focus on assets at the pre-feasibility study stage.
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Looking ahead, Behncke anticipates significant portfolio maturation, specifically mentioning upcoming projects like Varys, Cotay Gold, and Bor Barama. He projects strong free cash flow by 2025, providing investors with a clear timeline for potential value creation.
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