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Vox Royalty Corp. (VOX.V)
TSXV - TSXV Real-time price. Currency in CAD
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What an opportunity! The business model is strong. Assets are plentiful and growing. The commodity sector is bound to rise again. Management have a big incentive as they own a large portion of the company, they could sell a small faction at each milestone of the market cap 250M, 500M, 1B and still grow their overall equity (or just HODL it all). I bought like 7 times, now sitting on 11k shares and looking for more. Also, for the ones who don't know, Legendary Idol Peter Schiff owns this.
Check out the latest interview with Mr. Floyd in video, audio, and transcript with Proven and Probable:
Vox Royalty Corp intraday breakout.
This thing is a jewel. They are smart, small, lean and ambitious. They are a target for sure but it’s going to take a lot more than current prices to get my shares
Look at the business model on their website...amazing. I'm trying to build a position, 10k shares already, looking to buy 7k more under $5 CAD, for now...
Average volume is climbing.
VOX ROYALTY REPORTS SECOND QUARTER 2021 RESULTS
TORONTO, CANADA – August 16, 2021 – Vox Royalty Corp. (TSXV: VOX) (OTCQX: VOXCF) (“Vox” or the “Company”) is pleased to announce its operating and financial results for the second quarter ended June 30, 2021. All amounts are in U.S. dollars unless otherwise indicated.
Kyle Floyd, Chief Executive Officer stated: “The second quarter of 2021 saw record royalty revenues, record net incomes and unprecedented organic growth for Vox. Management’s confidence in the underlying performance of the Vox royalty portfolio was demonstrated in our doubling of 2021 annual revenue guidance to C$4M – C$5M. This quarter saw exceptional organic growth in our portfolio, further strengthened by first gold pour from our Segilola royalty asset on July 30. We are also excited to grow our strategic partnership with Electric Royalties Ltd. (TSXV: ELEC), following the completion of our initial graphite royalty transaction. Vox shareholders can look forward to a catalyst-rich second half of 2021, with construction activity at multiple royalty assets, the release of multiple engineering studies and over 80,000m partner-funded drilling expected."
Second Quarter 2021 Highlights
• Record revenue of $1,314,030 reported for the quarter, with inaugural revenues received from the Janet Ivy royalty;
• Record net income of $2,057,694 for the quarter;
• Increased production stage royalty asset count from one asset at May 2020 listing to five assets by end of the quarter;
• Strong balance sheet position at period end, including cash on hand of $5,308,977, working capital of $8,684,985 and total assets of $30,161,290;
• Executed binding documents for a strategic partnership with Electric Royalties Limited (TSX-V: ELEC) and divested two non-core graphite royalties;
• Completed four royalty transactions to acquire an additional seven royalties, including the rancher royalty at Gold Standard Ventures (TSX-V: GSV) South Railroad project, reaching a total critical mass of over 50 royalties and streams;
• Subsequent to June 30, 2021:
o Announced record revenue in Q2 2021 and increased 2021 revenue guidance by +100% on July 27, 2021;
o Increased producing royalty count to 5 assets following first gold pour at the Segilola Gold Mine, as reported by Thor Explorations Ltd on July 30, 2021; and
o Commenced trading on OTCQX on August 10, 2021
why is it down 7%????
A very interesting concept ! This Metal Royalty acquiring company... at the time where the world economies are improving...so will be the prices of metals. After have done my due diligence research on this company ...I have placed an order to buy some shares. Good luck!!!
Consider adding VOX.V.. and AABB Asia Broadband Gold/ Siler / Crypto together In your investment.
Just bought 1200 shares. looks promising specially in this environment. Share price also bottomed out and should give a good return.
GREAT VIDEO TO LEARN ALL ABOUT VOX...
For those of you who haven't been following along, this is what was said in May at the end of Q1 2021.
GEORGE TOWN, CAYMAN ISLANDS – May 25, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”) is
pleased to announce its operating and financial results for the first quarter ended March 31, 2021. All amounts are in U.S. dollars unless otherwise indicated.
Kyle Floyd, Chief Executive Officer stated: “The first quarter of 2021 marked another milestone for Vox as it reported record revenues. The Company is well on track to achieve its previously announced 2021 royalty revenue guidance of C$1.7M to C$2.5M.
The embedded organic growth in our portfolio of 50 royalty assets continues to build. Every month our shareholders are benefiting from exploration successes, fast-tracking of development and production increases on our royalty properties. The coming quarters have strong potential to be the most productive in Vox’s seven year history.”
This is where they are end of Q2 2021
VOX ANNOUNCES RECORD REVENUE IN Q2 2021 AND INCREASES 2021 REVENUE GUIDANCE BY +100%
TORONTO, CANADA – July 27, 2021 – Vox Royalty Corp. (TSXV: VOX) (“Vox” or the “Company”), a high growth precious metals focused royalty company, is pleased to announce that it has realized record preliminary quarterly royalty revenue of C$1,628,600 (US$1,314,000)
for the three-month period ended June 30, 2021. During the quarter, the Company recognized inaugural royalty revenue from its Janet Ivy gold royalty, acquired on March 29, 2021, which is an uncapped A$0.50 per tonne royalty. Quarterly revenue benefitted from increased royalty-linked production by Mineral Resources Limited (ASX: MIN) at Koolyanobbing, increased production by Karora Resources Inc. (TSX: KRR ) from the Hidden Secret deposit at Higginsville covered by the Dry Creek royalty, inaugural royalty revenues earned from the Janet Ivy royalty, and increased production by the operator of the Brauna royalty. Vox has successfully grown quarterly revenue figures exponentially since Q3 2020, which is summarized in the below chart:
Three months ended June 30, 2021
Royalty revenue (C$) == $1,628,600
Royalty revenue (US$) == $1,314,000
Royalty revenue % growth == 143%
# of producing assets == 4
Kyle Floyd, Chief Executive Officer stated: “This is the continuation of an exciting period in Vox’s growth as revenue and profitability metrics start to reflect the true earnings power of the Vox royalty portfolio. We have consistently updated the market with operator updates concerning our royalty assets and noted that our portfolio continues to grow ahead of expectations. The coming quarters and years should continue to reflect a robust increase in revenues from both in production assets and development stage projects we expect to come online.”
$FNV $WPM $RGLD $VOX.CA $GDX #preciousmetals #basemetals #gold #silver #inflation #TIPS
Gold rises as real yields decline. So keeping an eye on TIPS and the gold miners, with US10Y and inflation is a great timing tool. The rising precious metals-focused Royalty sector is tracking the producers and Spot is holding 1800 US dollars as support.
Comparing 3 large precious metals royalty companies and the VanEck Vectors Gold Miners UCITS ETF ( GDX ), shows how the Gold miners and large-cap royalty firms have a similar relationship within the market.
Recently the price action in Vox Royalty has started to find that it too can benefit from a rising market and good news flow. In the past VOX Royalty has been a more volatile ride but steady progress towards their goal of building a portfolio and bringing value to their shareholders.
A few months ago news of Letters of Intent and Public Offerings was announced. The raising of capital was to purchase royalties and assuming completion of the transactions under LOI and a midpoint of 25 royalties acquired, the Company’s portfolio will consist of seven producing assets (an increase of 75% compared to its four producing or construction-stage assets in 2020). In addition, six of the royalty assets subject to LOIs are currently in a development stage and the remaining 16 royalty assets are in the exploration stage (based on an assumed acquisition of 25 royalties). Assuming 25 of the royalties under LOI are purchased, the Company projects that the underlying royalties are expected to generate between C$3 million and C$7 million of incremental revenue in 2023.
Vox Royalty NSR will pour first gold - Thor Exploration is getting ready to make Vox Royalty some revenue
First 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.
This company has a great concept and is acquiring royalties at a good value. However, where are the profits?
With zero debt, and low overhead costs, this company should be generating profits not losses.
Vox Royalty Relatve Strength
Relative strength of VOX compared to other stocks out there is currently very good
$FNV $WPM $RGLD #preciousmetals #basemetals #mining #gold
up 8.65% today on the back of
2021 Revised Outlook
On April 13, 2021, the Company announced that it expected 2021 annual royalty revenues to total C$1,700,000 – C$2,500,000. The Company is pleased to announce that it now expects 2021 royalty revenues to double to C$4,000,000 – C$5,000,000.
The Company's two-fold increase in 2021 revenue guidance is based on public forecasts and other disclosure by the third-party owners and operators of its assets or management's assessment thereof. The increase in guidance since the Company's last issued guidance is mainly attributable to: (i) higher royalty-linked production volumes at the Koolyanobbing iron ore operations across the Deception open pit and recently commissioned Altair open pit, (ii) first production from the Segilola gold mine anticipated in July 2021, and (iii) continued quarter-on-quarter record royalty-linked production from the Hidden Secret deposit at Higginsville covered by the Dry Creek royalty.
The revised 2021 outlook does not include the potential sale proceeds from two graphite royalties in the process of being sold, as announced on July 5, 2021.
Vox Royalty is now up >30% for the month. Would be great to see gold get to $2k oz and see where that leads the precious metals-focused royalty firm.
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