LIFZF - Labrador Iron Ore Has 34% Upside At Current Iron Ore Prices And Multiple Catalysts
Investment Thesis Summary
Labrador Iron Ore Royalty (OTCPK:LIFZF) [TSX:LIF] is a passive entity that derives its value from iron ore related assets in Canada. The company has three assets, all of which are associated with the Iron Ore Company of Canada [IOC] — a 7% royalty on the Iron Ore Company of Canada mine, a $0.10 per tonne in commission for every tonne sold, and a 15.1% ownership interest in the company. Labrador Iron Ore Royalty [LIF for short] is a passive entity, paying out the dividends it receives from these three assets