Quote:
Originally Posted by WilsonFourTwo
For sure, but we're talking about getting $1.25 tomorrow.
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No we're not! I'd love to see you actually try to arrive at that number.
As a base, you're suggesting that a 25% further increase in royalties would have zero impact on project timing, which is obviously false. So to arrive at your absurd $1.25 number, you have to increase by more than that 25% to offset the delayed cash flow effect. Are you actually suggesting more than a 25% increase on the current rates (~5% revenue pre-payout, ~30% gross margin post-payout)?