Royal Gold, Inc. (NASDAQ:RGLD) Q2 2023 Earnings Call Transcript

Cosmos Chiu : Of course. Understood. And maybe one last question. Bill, I heard what you commented on. There’s really no update at this point in time. But could you remind us in terms of the conditions that need to be satisfied for you to go ahead and close this transaction? And what’s your ultimate obligation? Is there a time line in terms of when these conditions need to be satisfied? And ultimately, what if you don’t get satisfied, what’s your obligation?

Bill Heissenbuttel: Yes. I think the public comments that we made when we did our press release in June, negotiation of documentation and the closing of the acquisition, which was also in my prepared remarks, those are the conditions that we’ve spoken about. Of course, there are other ones. Yes. And as with all things we do like this, there is a drop dead date at some point. But as I said in my comments, I’m just not going to say anything more about it.

Operator: We have no further questions. I’ll now hand to Bill Heissenbuttel, President and CEO, for closing remarks.

Bill Heissenbuttel: Well, thank you for taking the time to join us today. We appreciate your interest in Royal Gold, and we look forward to updating you on our progress during our next quarterly call. .

Operator: Ladies and gentlemen, today’s call has now concluded. We’d like to thank you for your participation. You may now disconnect your lines.