Brent Robert's questions to Gold Royalty Corp (GROY) leadership • Q3 2024
Question
Brent Robert, a private investor, requested additional details on the long-term cash flow profile shown on Slide 8, specifically asking for color on the projected pause or downtick in 2029.
Answer
Jackie Przybylowski (VP, Capital Markets) explained that the chart reflects analyst consensus, which naturally becomes more conservative in outer years. She identified two primary drivers for the 2029 flattening: the stabilization of production from the Canadian Malartic underground mine after its 2028 ramp-up, and the company's royalty on the Cote mine beginning to trail off after the first six years of mining.