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.
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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