********** UPDATE 20240308: FNV just released their 2023Q4 numbers (https://www.sec.gov/Archives/edgar/data/1456346/000155837024002504/0001558370-24-002504-index.html) and included mention that they were pursuing arbitration with the Panama government for damages associated with the ordered shutdown of Cobre Panama. “We are pursuing legal avenues to protect our investment in Cobre Panama. We have notified the Ministry of Commerce and Industries of Panama (“MICI”) of our intent to initiate arbitration pursuant to the Canada-Panama Free Trade Agreement. As announced to MICI, Franco-Nevada presently and preliminarily estimates its damages to be at least $5 billion, subject to further analysis and development.” Note that FNV’s total dollar investment towards Cobre was about $1bn (
Thanks for putting this together!