Ecora Resources – Company Introduction to 18 Royalties Focused On Future-Facing Commodities
Marc Bishop Lafleche, CEO of Ecora Resources (TSX: ECOR) (LSE:ECOR) (OTCQX:ECRAF), joins us for an introduction to this Company with 18 royalties, in 10 commodities, over 5 continents, and outlines the growth strategies for 2023. We start off the rebranding of the company a little over a year ago from Anglo Pacific to Ecora Resources, with the fundamental shift being towards accumulating production or development-stage royalties on forward-facing commodities like copper, cobalt, nickel, vanadium, uranium that are part of the global energy and electrification transition, over the prior focus on metallurgical coal and iron ore.
We highlight a few of the key royalties of the 9 producing assets, 6 development assets, and 3 earlier stage assets, and the strength of their operating partners, long mine-life projections, and operations that have low carbon intensities. Next we look into the financial strength of the incoming revenues, with the transition from the traditional to the more energy metals focus over the next few year in producing and near-production asset. Marc also outlines his background along with the strength of the management team and BOD for sourcing accretive deals, and the outlook for growth both from within the royalty portfolio and possible new royalty acquisitions.