Stumbled across DRR and "Royalty Companies" recently. Had a look at the DRR website, but I didn't quite get how a "Royalty Company" actually worked, so parked it.

Betashares then flags "Royalty Companies" again in the weekly email today, to bring attention to its ETF ROYL. There is a bit more detail.

What attracts me to Royalty Companies (enough to have a closer look, at least)

• Capital light model
• Exposure to mining cycle minus the capital investment risks
• Goes beyond mining tenements potentially, if I look at the ETF
• Capital gains from the Royalty company
• Dividends - this is more bonus, rather than primary reason.

Wondering if anyone has looked into DRR lately and if there are any newish views on it as the posts under DRR go back a few years.

Discl: Not Held IRL or SM, but interested in having a closer look!