 Want to learn about stocks, cryptocurrencies, NFTs, and the metaverse? Join RichTV.io. Hi, how's everybody doing today? I'm your host, Rich, and we have a RichTV live with our very special guest, the CEO of Vox Royalty Corp, Kyle Floyd. How are you doing today, Kyle? Rich, fantastic. It's been a little while since we've been on and good to be with you and update the audience. Yeah, I'm really excited to speak. I know that you guys just had some big news and we're gonna talk about it. So Kyle, Vox reported outstanding results for Q2, growth in royalty receipts from approximately US $1 million to US $3,165,000. What were the drivers to this success? Well, Rich, when we first went public in May, 2020, we were essentially pre-revenue. We had one producing asset and now we're at six producing assets. And complimenting that growth in producing assets is that our operating partners by and large have really increased their production rate. We've seen metal prices increase since we've made our investments. And so that compounding factor of more assets in production, six producing assets, complemented with increases in their production rate and higher metal prices, you get this compounding factor that really helps royalty companies excel in this type of market environment. And recall, it's something that we've talked about previously, were not impacted by the increasing inflation and the increasing costs that are afflicting mining companies. So we're getting the cream on the top without the risk exposure that these mining companies are facing. And that being said, our operating partners are performing brilliantly and these results are really driven off of that exceptional operating performance. Now, Kyle, congratulations on all your success. And when we interviewed you about a year ago, we started to do these interviews, you did say that you expected these types of results. So this is not a surprise for you. Now, it's fantastic that while many companies and some royalty company peers specifically continue to underwhelm and deliver to the downside, Vox continues to outperform each year since going public in 2020. What's your secret sauce? All right, Ty, I appreciate that acknowledgement. And we've worked really, really hard for our shareholders. First and foremost for a shareholder driven business. I'm one of the larger shareholders in our management team. In total owns approximately 15% of the shares outstanding. So we're very incentivized to see it from a shareholder perspective and execute with that at the forefront of our business. But really it's a product of being around for almost 10 years, really sowing the seeds in the form of generating competitive advantages. It's no secret the royalty sector is competitive. There have been a lot of new entrants to the space, but it's a lot of entrants that don't have the competitive advantages. They don't have the intellectual property. They don't have a team that's been operating in the sector for more than a decade and almost 50 years combined on our team. And so that's allowing us to find better deals on better assets that are going to generate better returns for our investors than really anybody else in the sector. And so it's been a lot of hard work to do that, but it's been us really investing the time, the resources and the capital and the patience of our investors that's allowed us to build those advantages and then execute on those. And you guys are executing and it's phenomenal to watch it evolve and grow. And something that I think is lost on many investors and the market is that your gross profit is very high. And in a market like this, investors are looking for profitable businesses and revenue. And we're not in a market where hype is really working as much as it used to. So what that means with your gross profit being very high is that your revenue, when deducted for depletion to the ore bodies is much higher than many of your comps. Why is that? Well, Rich, that's explained really well. Appreciate that because I think it's a fact that lost on many is the fact is with the royalty space being so competitive right now, you have a lot of royalty companies buying assets. If it's worth $1, they're paying $1. Well, what that means is they're not really generating a return for their investors that own their company. What they're doing is they're inflating revenue without actually inflating profits. And so conversely, Vox has been able to find great assets at great valuations, which means that's really we're widening the profit margins in this industry for our company. But the backdrop to that is we're seeing competitors and other companies operating in the space, they're paying two times that asset value for royalties these days. We're buying assets at anywhere from 0.2 to 0.6 times that asset value on average, which means we have this exceptionally high profit margin where most of the sector is actually should be probably writing off their assets over time, but it speaks to how valuable royalties are and that there are companies that are willing to pay two times that present value for assets for that option value. So when you boil it all down, we're finding a way to generate outsized profits while also keeping that option value and enhancing that option value over time for our investors. So with Vox, you have your cake and eat it too with every other royalty company right now, you're just hoping you have to have metal prices go higher. That's the bottom line for them to be making money on the new royalties that they're buying. If metal prices don't perform, if their production and expansion of the resources don't happen, you're gonna probably lose money on those deals. So that's the difference with Vox is we're finding a way to create current profit margin and also keep that long-term optionality and that's because of those competitive advantages that we touched on. Now the market is kind of all over the place right now. All kinds of noise. What are the reasons investors should be confident in their positions in Vox or in taking a position in Vox? Sure. Well, we all know that we're almost in unprecedented inflationary times right now. And so Vox is uniquely positioned in this climate because we're taking top line revenue. That's what we get from our investments. We're not, it's not in that profit interest. We're not getting a profit margin from the mining companies. We're getting that revenue and that percent of revenue. So all of the bottom line risks that mining companies face were immune to and that's a huge factor to consider. The other thing is that we're now at six producing assets. When we first started talking, we were a number far less than that. We expect that producing asset count to be double digits as we exit 2023. So we have this compounding where the assets that we have are getting better. The new assets that are coming online are gonna continue to produce. And if we don't need metal prices to go higher to continue delivering these types of results. In fact, when we bought these assets, we forecasted lower metal prices. So for the investors looking for that commodity exposure, you're gonna win with Vox even a metal prices drop. We're obviously going to get that compounding effect if metal prices go higher. So you get a very, very solid company from that perspective. The other, and the last thing I'll say is we have an abundance of, I think some of the most material catalysts you could ask for from a company. We filed a 40F with the NASDAQ. We're highly confident that's gonna get done at the end of the day that we're gonna be NASDAQ listed in the very near future. We would expect that this quarter, we're starting to have the board conversations and discussions around how we're going to continue to run capital to investors. We've been active on our buyback, but we're probably leaning towards really heavily evaluating a dividend policy. That's a very heavy catalyst. And Rich, that's driven off of our results. And the fact that we've made good investments for our shareholders, we've been disciplined in what we've bought and really cultivating a portfolio for our shareholders. That's allowing us to make those decisions where most wealthy companies that are, call it the junior end of the market are so far off from being able to do something like that. And that's just a byproduct of what we've been delivering for shareholders quarter after quarter after quarter. And it's compounded in such a way that now we're able to have those types of discussions with our shareholders. So it's an abundance of catalysts. We expect our revenue to be much higher through the rest of this year, into 2023 and beyond. We think that now is that glistening is relatively in our near future. And then we're gonna continue looking at these opportunities to deliver capital and returns back to our shareholders through those two forms buyback or dividend. And so we just believe that we're in one of the strongest positions of any royalty company out there, certainly within our snack bracket. Wow, that's music to my ears. So to recap, you're looking at potentially providing a dividend for shareholders. You're planning on potentially buying back shares. Those are two huge catalysts. You're potentially going to get listed on the NASDAQ. So that's a lot of catalysts coming up for investors. Now, for the investors that are learning about you for the first time or thinking about investing, what's the best way for them to reach you, Kyle? So voxreality.com is a good place to just get a good overview on the business. I are at voxreality.com is a great way to reach me. I'm on there quite often. And so any specific questions, we're very happy to be engaged on that platform. And then we're of course on all the social media channels as well. But those would be the best ways to get in touch and learn a little bit more. We're here with the CEO of Vox Royalty Corp, Kyle Floyd. I must take your attention to the symbol. The symbol in Canada is Vox, V-O-X. The symbol in America is V-O-X-C-F. Put it on your radar, put it on your watch list. I must remind you that Rich TV Live is strictly for information and education purposes. Past performance is not always an indication of future results. Please do your due diligence, do your research before you invest in anything we talk about or discuss here on Rich TV Live. In saying that, this is a company that I think has an incredible future, has really grown and grown its revenue and grown its assets over the last year since we've been talking. Really, really excited to see what you guys continue to do. Kyle, we'd love to invite you back on our show anytime you have big breaking news or anything you wanna discuss. We'd love to invite you back to our community so you can tell us what's going on with your company and congratulations on another great quarter and all of your success. Appreciate that Rich. I'll look forward to coming back on and the expectation is we're gonna be able to talk about some of these catalysts that we just spoke about and how well that's positioned in the business. So, appreciate it. Always a pleasure. If you're not winning, you're probably not watching. We bring the winners and we bring them to you first. Thank you for watching, everybody. This is your host, Rich from Rich TV Live with Kyle Floyd, the CEO of Vox Royalty Corp, saying, have a nice day. We'll see you soon.