Dig Deep 4% Yield with Huge Potential and More Growth Planned with Paolo Lostritto of Sailfish Royalty
In this episode, we chat to Paolo Lostritto, VP Corporate Development of Sailfish Royalty Corp, who is a precious metals royalty and streaming company with two main assets in the Americas: a gold stream in Nicaragua and another hold project in Nevada.
Paolo has a rock mechanics degree and spent his career in the banking, investment, and research side before moving into executive management and board. He is here today to tell us more about Sailfish Royalty and what the future holds for them.
KEY TAKEAWAYS
- Sailfish Royalty Corp has several royalty assets in its portfolio.
- One of their key assets the San Albino open pit in Nicaragua started commercial production in July. The highest-grade open pit in the world.
- It is well established and is set to double production to 1000 tonnes in the not-too-distant future.
- The orogenic mesothermal system it sits on has massive potential. It is remarkably similar to the Canadian Shield geology.
- The Spring Valley, Nevada gold asset is nearly 5 million ounces.
- Sailfish Royalty has about $3.8 million in cash and is generating around $400 to $500,000 per quarter.
- They are currently paying over 4% yield, with plenty of opportunity for growth. Currently, the highest yielding royalty company in the space.
- Sailfish focuses on looking for assets that have cash flow and good geological potential.
- Currently, they are looking at assets in North America because it is easier to assess the risk profile there.
- They are about to launch a new vehicle called Swordfish Silver. They already have two projects.
BEST MOMENTS
‘Its flagship asset is a 3% NSR royalty on the San Albino in Nicaragua which declared commercial production, earlier this year. ´
‘You are looking at these mesothelin systems that go as far as you can drill them.’
‘Sailfish Royalty currently has about $3.8 million in cash and loan receivables of over $4 million… and no debt.’
EPISODE RESOURCES
Twitter: https://twitter.com/P_Lostritto
Contact: https://sailfishroyalty.com/index.php/contact/
Phone: +1 284 494 6401
VALUABLE RESOURCES
Email: rob@mining-international.org
Website: https://www.mining-international.org/
LinkedIn: https://www.linkedin.com/in/rob-tyson/
Twitter: https://twitter.com/MiningRobTyson
Facebook: https://www.facebook.com/DigDeepTheMiningPodcast/
Instagram: https://www.instagram.com/theminingpodcast/
YouTube: https://www.youtube.com/c/DigDeepTheMiningPodcast/videos
ABOUT THE HOST
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community insight into people's experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.
Rob is the Founder and Director of Mining International Ltd, a leading global recruitment and headhunting consultancy based in the UK specializing in all areas of mining across the globe from the first world to third world countries from Africa, Europe, the Middle East, Asia, and Australia. We source, headhunt, and discover new and top talent through a targeted approach and search methodology and have a proven track record in sourcing and positioning exceptional candidates into our client's organizations in any mining discipline or level.
Mining International provides a transparent, informative, and trusted consultancy service to our candidates and clients to help them develop their careers and business goals and objectives in this ever-changing marketplace.
Podcast Description
Rob Tyson is an established recruiter in the mining and quarrying sector and decided to produce the “Dig Deep” The Mining Podcast to provide valuable and informative content around the mining industry. He has a passion and desire to promote the industry and the podcast aims to offer the mining community an insight into people’s experiences and careers covering any mining discipline, giving the listeners helpful advice and guidance on industry topics.