9 Metals, 22 Royalties, $1M Revenue | Electric Royalties CEO BBQ
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 Published On Oct 11, 2023

This is an interview with Electric Royalties' CEO, Brendan Yurik.

Electric Royalties (TSX-V: ELEC) is a royalty company with 22 assets, spread across 9 metals, and focused in North America, Australia, and Europe.

The company has royalties on 2 producing assets; 1 zinc mine in Tennessee, USA, and 1 tin mine in Spain.

Other than those two, there are three graphite royalties, seven lithium royalties, two copper royalties, a nickel-copper royalty, a nickel stand-alone royalty, two manganese royalties, a vanadium royalty, two cobalt royalties, and a tin-silver royalty.

About sixty percent of these royalties are on projects that are in the exploration stage, 5 in total are at the PEA stage, 2 are at the engineering studies stage, and 2 are producing.

About 70% of all the royalties are in the US and Canada (a total of 15), about 20% (or 4 royalties) are in Australia, 2 are in Europe (Spain & Norway), and one is in Madagascar.

Electric Royalties expects to generate about $1M in revenue this year, and they expect to be cash-flow positive within 12 months, Brendan told me.

In this conversation, we talked about anything and everything ranging from the strategy behind the company, Brendan's background, the plans for financing, the day-to-day operations of the company, their strategic partners, and much more.

Timestamps
00:00 important warning
01:25 company overview
08:15 the good, the bad, and the ugly
14:15 what is the main strategy here?
19:30 what do day-to-day operations look like?
21:40 how does the royalty on Penouta work?
23:50 how much does Penouta pay?
26:40 what's happening at Penouta right now?
28:12 what's happening at Middle Tennessee?
31:20 how much does Middle Tennessee pay?
34:10 how much will revenue be this year?
35:30 when will they be cash flow positive?
38:05 how much will Graphmada & Authier pay?
40:45 are the project operators proceeding as they should?
43:00 what's the long-term goal for this company?
44:15 are they looking for an exit?
45:40 will they have to pay back the debt in cash?
48:00 is Gleason the most important link here?
49:45 when will the market care about this company?
52:15 will they venture outside of US & Australia?
54:25 what's the CEO's background?
56:30 contact information

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