“We are building The Green Energy Metals Royalty and Gold Company. Our business model provides the unique entry point into the creation of supply chains for critical materials like energy metals which are powering Tesla Energy rEVolution and Gold industry which is providing the ultimate hedge during this part of the economic cycle. Our shareholders are participating in the building of The Green Energy Metals Royalty and Gold Company. In our portfolio, we have a unique combination of assets providing exposure to different parts of mining cycle: starting with the power of blue sky discovery and including partnerships with industry leaders like McEwen Mining, Ganfeng Lithium and Lundin Mining as operators on the projects that will potentially generate royalty cashflows to contribute significant value for our shareholders.”Kirill Klip, Executive Chairman TNR Gold Corp.
Bloomberg reports about the significant win for the President of Argentina Javier Milei. Argentina's Congress approved his signature bold pro-business reforms. Projects like Mariana Lithium, Los Azules Copper and Josemaria will benefit from new legislative measures to unlock the economic potential of Argentina.
Market-oriented reforms cut the costly red tape delaying the development of mining projects. These measures provide tax cuts for their development and lay out predictable ground rules for business. Argentina sends now a long-awaited business-friendly message to all investors.
We are building The Green Energy Metals Royalty and Gold Company. TNR Gold is plugged into Tesla Energy rEVolution with our Royalty Holdings on the Mariana Lithium Project with Ganfeng Lithium, Los Azules Copper, Gold and Silver Project with McEwen Mining and Batidero I and II Properties of Josemaria Copper-Gold Project with Lundin mining.
Angela Harmantes: "TNR Gold Shares Are Outperforming the TSXV Index on the Strength of 'Undervalued' Royalty Portfolio: Analysts"
Milei Wins Approval for Bold Economic Reforms in Argentina"Argentina’s Congress approved President Javier Milei’s signature pro-business reforms, marking an inflection point for the outsider to govern with a hostile political class he continues to rail against.The Chamber of Deputies passed a sweeping bill, known in Spanish as the Ley de Bases, early Friday in a final 147 to 107 vote. The biggest victory came minutes later, however, when lawmakers also approved the return of income taxes in the accompanying fiscal package by a narrower 136-116 margin, reversing the Senate’s bid to undo the measure. The extra tax revenue would give the government breathing room to reach its fiscal targets and help tame 276% annual inflation.Milei’s nascent libertarian party holds less than 15% of seats in the lower house, making legislative support his Achilles heel. The passage of his sprawling reform package, albeit significantly watered down, after six months of arduous negotiations sends a business-friendly message to investors that he has the political backing to get Argentina’s basket-case economy back on track.The bills, which deregulate vast swaths of the economy and boost government revenues, were approved by the lower house in April then narrowly passed in the Senate earlier this month after additional changes. The package had to return to the Chamber of Deputies for final approval before becoming law.Investors and the International Monetary Fund were keenly watching whether lawmakers could save the tax chapter of the fiscal bill after senators attempted to remove it. Its passage means Milei “has some willingness and ability to compromise with the political establishment,” according to Marcelo Garcia, Latin America director for at New York-based consultancy Horizon Engage.“Investors and the IMF would want to see more of this in the second half of the year, and hopefully at a faster pace,” he said by text message early Friday.The fiscal measure lowers the taxable income floor, which the previous government raised on the eve of the presidential election last year to exempt almost all payroll employees. Alongside an incentive for Argentines to declare their taxable assets held abroad, the measures will inject the equivalent of 0.6% of gross domestic product into Argentina’s economy, according to Buenos Aires brokerage Portfolio Personal Inversiones.The market-friendly reforms cut red tape across Argentina and grant Milei emergency executive powers. A labor chapter makes it easier for employers to fire workers without fear of costly lawsuits and extends companies’ trial period for employees. Another measure provides tax breaks and lays out predictable ground rules for foreign investments in key sectors like mining. The proposal also broadly deregulates the oil and gas sector, which has historically faced strict export quotas..." (Bloomberg)
"A recently published research report on TNR, written by Fundamental Research Corp, reckons fair value for the company at C$0.22 per share. The current price is significantly lower than half of that." (Alastair Ford)
“Since our initiating report in September 2023, TNR’s royalty projects have made significant progress,” the analysts wrote in a report. “TNR is up 40% since September 2023.” (Emily Jarvie)
"The report from Fundamental Research underscores the company's near-term royalty potential, particularly from Ganfeng Lithium's Mariana project, and reaffirms a Buy rating with an adjusted fair value estimate of C$0.24 per share." (Angela Harmantas)
Disclaimer: Please be aware that any opinions, estimates or forecasts regarding the performance of TNR Gold Corp. in any research reports do not represent the opinions, estimates or forecasts of TNR Gold Corp. or of its management.
TNR Gold Investor Presentation - Building The Green Energy Metals Royalty and Gold Company from Kirill Klip
Please read my legal disclaimer. There is NO investment advice on any Kirill Klip feeds and blogs. Always consult a qualified financial adviser before any investment decisions.
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