Our Investment Case

01 View from inside a rocky cave looking out to a sunlit rocky landscape with sparse trees

Strong Focus on Cashflow Generation

Delivering high IRR's while maintaining capital preservation

  • All projects are producing or near producing
  • Expected to generate cash flows within first year
02 Open-pit mine with large excavation and machinery.

Equity Upside

We take strategic equity stakes in early stage exploration projects, partnering with operators to incubate assets, de risk technical milestones and accelerate value creation.

03 View from inside a dark tunnel showing railway tracks leading outside.

Focused on the Mid-Market

  • Investment sizes between US$5 - $30 MM
  • Enterprise Values of target companies between US$20 - $200 MM
  • Market segment not serviced by traditional lenders or PE firms
  • Looking to Create Royalties and Streams bespoke to each client
  • Not focused on buying Royalties in the secondary market
04 Construction safety gear on excavator bucket shows readiness for work.

Experienced Technical & Financial Expertise

The team brings together rigorous technical training and experience across Tier 1 global institutions, underpinned by robust investment structuring, risk management and geological expertise.

Desire long-term partnerships with our asset owners