Because I do believe that the green energy transition is so big.
The opportunity is so massive and the world has such a big problem
that needs to solve.
I think it's been a big year for sandstorm.
We've dramatically increased the size of our company.
We've acquired a number of our competitors, had to take on some debt
to do it and we built a much bigger.
Much more Diversified, stronger company with more cash flow and and so
it's been a lot of work.
A lot of really probably see the bags under my eyes has been.
I've been up at 4:30 every day and this week just working and the work
continues but it's been it.
A great year, we've got a vision for where we're going with business
and we're really excited about it.
It's unfortunate that we do all of these tremendous things and build
this great business.
And then have it also happened to be at the exact same time where the
entire world is coalescing around.
The greatest interest rate, hike, rate, hike cycle ever collapsing,
stock, markets, and buns, having to liquidate.
And so we
Share price hasn't performed well and and that's been frustrating for
me, but it really, really proud of the base that we've built.
I'm really proud of the company that we built.
I'm really excited about the vision and the screen energy transition
that you just mentioned.
And and you might wonder, well, what the heck does a gold royalty
company have to do with the green energy transition?
That's the seem like apples and oranges, but I'm a big believer.
Or that the greatest business opportunity of our generation is going
to be the fact the entire world needs to decarbonise.
And the climate change is more of an existential threat than even we
most people think it is.
Whatever scenario people have built in their heads as to how bad
climate change is going to be.
I think it's going to be worse.
Whatever more, whatever Financial scenario they have built in their
heads as to how it's going to hurt our economies.
I
Hurry quantities, worse in terms of whatever.
Samaritan are you built in your head?
As to how it's going to affect Community?
I think the eventual a scenario that will play out will be worse and
be a mining guy in the mining industry.
I know the metals that are required for this green energy transition,
they're not available the mind.
They're not enough - they're not compromise.
They're not enough, nickel mines to do the transition that we need to
do as
As a world to make the windmills to make the solar panels, to make the
electric cars and there's where we're within five years of the massive
deficit of critical minerals to allow this.
Energy transition.
I'm actually going to cop 27 next week in Egypt, all the governments
of the world to figure out Frameworks for dealing with climate change
in as a mining guy, I'm person there.
Pounding the table going.
You don't understand all these plans that you're making, you don't
have the metals, they don't, they're not ready.
It takes it.
When I first got into the mining business, it took you know five years
in the time that you put a drill hole into the ground
To the time, you can get a mine up and running well that takes 15
years now and it should take 15 years because we need to properly and
methodically evaluate these properties and and make sure that we're
doing right by the environment, the communities as to how we develop
them and it should take that long.
But the problem now that we have is there aren't enough Minds known
and ready to be developed that are going to be able to produce the
metals for this energy transition.
It just isn't going to happen.
And so so what is a gold rope?
Company have to do with a green energy transition.
It will just so happens that a lot of the world's best deposits of
things.
Like copper nickel and other metals, typically come with gold as a
by-product in those deposits.
When we have the perfect model the streaming and Roti model to finance
the generation and completion of those projects where we can step in
and say Here's here's half a billion dollars, go build that money, the
world needs it.
We want all the gold as you might and that comes back to us.
And we stay Pure Play streaming and royalty company.
Making lots of money off of the gold theme which I believe the gold
fundamentals.
Have really never been stronger in the long term here but that's the
million dollar question.
I don't know the answer that unfortunately.
I mean cop, 27 is, is a good start, I'll be there.
The world economic forum is a really good forum that brings in one of
the problems.
World that we have right now is that that people in the political
Spectrum, don't talk to each other, left-wing hates the right wing and
right wing case to left wing and you know environmentalists hate
industry and Industry hates environmentalists and that's got to stop.
And there needs to be a forum where people all get into the same room.
And I remember one time many years ago, I was in China.
The Great Wall of China at a conference and I didn't put it in a table
with the seat.
CEO of WWE F in one of the Scandinavian WWF countries and and I asked
her what she did.
She said Colosseo WWF and she asked me what I did and I said I'm the
CEO of mining company and cheek look was aghast at she looked like he
had seen the devil face to face by looking at me and by putting us in
a room together.
She could understand that.
I actually do have a hard for the
The same way that she does.
It's just that I know that there's a business side to things and
there's an economic side to things in the world.
These to move forward, and these to do it thoughtfully and
methodically.
And we need environmentalist in the room, not thinking that were evil.
And we need to be in the room not thinking that they're the enemy and
we need to work together.
And so I don't have the answer to your question, but we need a
coalescence of Minds from all political speeches.
Spectrum's from all people getting into the room solving this problem
because it's huge and it's not going to be solved easily and it's not
going to be solved in time because I do believe that the green energy
transition is so big.
And the opportunity is so massive and the world has such a big problem
that needs to solve it stands.
Firm needs to get bigger to do that, and we can make lots of money for
our shareholders.
If we can take advantage of that and be the company that does that,
there will have to be more Equity, financing in finances in the
future.
I have a feeling if I change the way I think about shareholders at and
and how I relate to them, that I think that there will be fewer
shareholders that want to sell their shares.
If your shareholders that try to Frontrunner financing because the
demand for those financings I'm guessing will be much much higher than
the weight of the past so that I can look at the list of all the
people who went into that that financing and say you're out, you're
out, you're out, you're out, you're out.
Your money and so the people who tried to front run the financing, the
shareholders, who are acting badly and trying to hurt all the other
shareholders, they're going to be the ones to get hurt because they'll
have sold their shares.
They won't get to buy shares in the new financing in the surprise will
take off and that's how I plan on doing things 44.