Tesla Energy rEVolution And The Golden Age For Copper: Kirill Klip GEM Royalty TNR Gold Copper Presentation

1. Back Into The Future
Copper & Tesla Energy rEVolution: Red Metal Goes
Green.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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2. Energy rEVolution
The World Just Before The INTERNET
The future is already here, not everybody can see it yet.
Technology to stop burning oil is here and it is beautiful.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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3. Back Into The Future
The future is already here, not everybody can see it yet, but
megatrends are manifesting themselves. rEVolution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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4. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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5. McEwen Lines Up Copper Partner
“McEwen Lines Up Copper Partner as Surging Prices Spur
Interest.”
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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6. TNR Gold Holds NSR
Royalty on
Los Azules, Argentina
McEwen Mining
6
Kirill Klip GEM Royalty TNR Gold
Copper August 2021

7. McEwen Lines Up Copper Partner
“McEwen Lines Up Copper Partner as Surging Prices Spur
Interest.”
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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8. Legal Disclaimer
All information about McEwen Mining presented using
publicly available data.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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9. Legal Disclaimer For The US
Please read legal disclaimers. There is no investment advice in this
presentation. Always consult your qualified financial adviser.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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10. Copper Powered By rEVolution
The future is already here, not everybody can see it yet, but
megatrends are manifesting themselves. rEVolution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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11. Copper Powered By rEVolution
The future is already here, not everybody can see it yet, but
megatrends are manifesting themselves. rEVolution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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12. Copper Powered By rEVolution
The future is already here, not everybody can see it yet, but
megatrends are manifesting themselves. rEVolution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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13. Copper Powered By rEVolution
The future is already here, not everybody can see it yet, but
megatrends are manifesting themselves. rEVolution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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14. Clean Air
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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15. DIEselGate
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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16. Electric Cars: Safety & Personal Freedom
Electric Cars provide health safety, personal freedom
and reduce carbon footprint.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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17. Electric Cars Are Cleaner Than ICE
By 2019, lifecycle EV emissions were around 3 times
lower than ICE conventional car.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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18. Electric Cars Are Cleaner Than ICE
Lifecycle greenhouse gas emissions: ICE conventional
vs. Tesla (US battery).
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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19. Electric Cars Are Cleaner Than ICE
CleanTechnica: Tesla Model 3 lifetime emissions are
65% less than Mercedes C class.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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20. Energy rEVolution
The World Just Before The INTERNET
“Maximum Plaid” of Tesla Roadster: Elon Musk has
demonstrated the potential of Electric Cars.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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21. Oil Used To Be Very Big
Oil was still very big in 2019, but thanks to rEVolution
Energy Security was not only about oil anymore.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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22. Energy rEVolution
The World Just Before The INTERNET
The future is already here, not everybody can see it yet.
Technology to stop burning oil is here and it is beautiful.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
22

23. Energy rEVolution
The World Just Before The INTERNET
The future is already here, not everybody can see it yet.
Technology to stop burning oil is here and it is beautiful.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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24. Oil Used To Be Very Big
Tesla’s market cap overtakes Exxon in June 2020.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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25. The End of The ICE Age &
OIL Domination.
For centuries we have been burning things just to get some energy.
It has been mostly OIL for the last 100 years.
Not Anymore.
We do not have to burn things.
Electricity is the most efficient form of Energy known to humans.
And now we can Store It and USE IT When We Want.
Cheap Lithium Batteries Change Everything.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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26. Tesla Model S
Before we had the best Electric Cars & affordable EVs.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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27. Tesla Model 3
Before we had the best Electric Cars & affordable EVs. Now
we have the first best & more affordable Electric Car.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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28. The End Of The ICE Age
Tesla Model S was an earthquake, followed by tsunami
of Model 3. Model Y will end The ICE Age.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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29. The End Of The ICE Age
Tesla Model S was an earthquake, followed by tsunami
of Model 3. Model Y will end The ICE Age. On the roads.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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30. Tesla’s Unfathomable Launch
Elon Musk promised to ramp up Model 3 to 10k a week
and build 500k of all models in 2018.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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31. Tesla 2018
Tesla becomes “Real Car Company”.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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32. Tesla 2020
Tesla becomes “Real Car Company”.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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33. Tesla 2021
Tesla Vehicles Deliveries Q2 2021.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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34. Tesla Best-Selling Electric Cars
Researcher & Research:
Tesla Model 3 & Model Y were two best-selling electric
cars in the world in May 2021.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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35. All Legacy Autos Were Behind
The pandemic crisis hit legacy autos drowning in debt very
hard, they were not EV ready.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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36. Elon Musk And Bitcoin
Elon Musk and Bitcoin have found each other…
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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37. All Legacy Autos Are Still Behind
All legacy automakers are still behind Tesla, but…
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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38. Elon Musk And Bitcoin
Elon Musk and Bitcoin have found each other…
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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39. Elon Musk And Bitcoin
Elon Musk and Bitcoin have found each other…
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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40. Elon Musk And Bitcoin
Elon Musk and Bitcoin have found each other…
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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41. Tesla And Competition
Tesla better concentrate on EVs production execution
to justify its valuation.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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42. Tesla And Competition
Tesla better concentrate on EVs production execution
to justify its valuation.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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43. Tesla And Competition
Tesla better concentrate on EVs production execution
to justify its valuation.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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44. Tesla And Competition
Tesla better concentrate on EVs production execution
to justify its valuation.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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45. Tesla Semi
Tesla Semi is testing new limits for Electric Cars
technology.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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46. Cheaper Lithium Batteries Change
Everything
Advanced materials are the base of Energy rEVolution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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47. Cheaper Lithium Batteries Change
Everything
Advanced materials are the base of Energy rEVolution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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48. Cheaper Lithium Batteries Change
Everything
Advanced materials are the base of Energy rEVolution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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49. Cheaper Lithium Batteries Change
Everything
Advanced materials are the base of Energy rEVolution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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50. Cheaper Lithium Batteries Change
Everything
Advanced materials are the base of Energy rEVolution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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51. Total Cost Of Ownership Is Lower
With EVs
CleanTechnica: Large auto leasing company - Electric
Cars have mostly lower total cost In Europe.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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52. Maintenance Is Lower With EVs
CleanTechnica: Electric Cars repair and maintenance
cost is 50% lower than ICE cars.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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53. Maintenance Is Lower With EVs
Energy.gov: Electric Cars maintenance cost is lower
than ICE cars.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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54. EV & ICE Car Cost Parity
We are closing on EV & ICE car cost parity.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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55. EV & ICE Cost Parity
T&E: EVs will be cheaper than fossil-fuel vehicles in
Europe by 2025-2027.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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56. Tesla Battery Day
Tesla: We are closing on EV & ICE car cost parity.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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57. Tesla Battery Day
Tesla: We are closing on EV & ICE car cost parity.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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58. EV & ICE Car Cost Parity
Tesla: We are closing on EV & ICE car cost parity.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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59. Tesla Ahead Of The Curve
Catalyst: Elon Musk talked about Lithium cells cost
below $100 per kWh and for battery packs in 2020.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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60. Tesla Ahead Of The Curve
Tesla Catalyst: Elon Musk talks about Lithium cells cost
below $100 per kWh and for battery packs in 2020.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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61. The End Of The ICE Age
Tesla $25,000 Electric Car.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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62. The End Of The ICE Age
Tesla $25,000 Electric Car.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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63. Mass Volume Production
Lithium batteries mass volume production
$100/kWh Tipping Point.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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64. Tesla Energy rEVolution
Tesla’s rEVolution contribution.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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65. Tesla Energy rEVolution
Electric Cars are coming much faster than a lot of
people are anticipating it.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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66. Tesla Energy rEVolution
Electric Cars are coming much faster than a lot of
people are anticipating it.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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67. The Switch: Mass Market For EVs
Now all automakers are rushing to catch up with Tesla.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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68. The Switch: Mass Market For EVs
Now all automakers are rushing to catch up with Tesla.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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69. BNEF EV Outlook 2020
BNEF: 500 EV models will be available globally by 2022.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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70. The Switch: The End Of The ICE Age
China’s ICE engines passenger vehicles sales
collapsed.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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71. The Switch Flipped
Electric Cars are forecast to account for all the growth
in passenger vehicles sales from 2023.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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72. Mercedes Kills ICE Engines
Daimler stops developing new generations of ICE
engines and will concentrate on electric powertrains.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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73. The Switch Flipped
Global sales of traditional fuel-powered cars and trucks
may have already peaked.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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74. The Switch Flipped
EV sales to grow on price parity, new models.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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75. Electric Surge
DIEsel is being eclipsed by Electric Cars in Europe.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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76. Global Electric Vehicles Sales
BNEF: EV sales are surging.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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77. The Time To Sell A Million EVs
The time to sell a million EVs is shortening.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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78. Global Electric Vehicles Sales
Canalys: 3.1 million EVs were sold in 2020, 4,7% of new
passenger cars.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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79. Global Electric Vehicles Sales
EV Volumes: 3.24 million Plug-In Vehicles were sold in
2020, 4,2% of new light vehicles.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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80. Global Electric Vehicles Fleet
Cumulative global passenger EV sales – 10.2M sold by
2021.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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81. Global Electric Vehicles Fleet
Cumulative global passenger EV sales – 10.2M sold by
2021.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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82. Norway Electric Cars Sales
Electric Cars sales in Norway.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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83. U.S. Electric Cars Sales
U.S. EV share of new vehicles sales.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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84. U.S. Electric Cars Sales
2021 U.S. EV sales to increase 70% over 2020.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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85. The Switch: Mass Market For EVs
BNEF: Global EV fleet by segment and market.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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86. The Switch: Mass Market For EVs
BNEF: Total cost of ownership of light commercial
vehicle.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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87. The Switch: Mass Market For EVs
BNEF: Global passenger vehicles outlook by drivetrain.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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88. The Switch: Mass Market For EVs
BNEF: EV share of new passenger vehicles sales outlook
by market.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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89. The Switch: Mass Market For EVs
BNEF: Global passenger vehicle fleet outlook by
drivetrain.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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90. The Switch: Mass Market For EVs
BNEF: Share of zero-emission vehicles sales by segment.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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91. The Switch: Mass Market For EVs
BNEF: Global commercial vehicle sales outlook by
drivetrain and segment.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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92. The Switch: Mass Market For EVs
BNEF: EV share of global new vehicle sales by segment.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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93. The Switch: Mass Market For EVs
BNEF: Number of EVs on the road.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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94. My 20/200 Formula
The Switch: we are getting there - mass market for EVs
USD$20k buys you BMW 2 style EV with 200 miles range.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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95. China Bets On Electric Cars
Projected percent composition of passenger vehicles in
China over the next two decades.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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96. China Electric Cars Acceptance
About one-third of all car sales in Shanghai are EVs.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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97. China Electric Cars Sales
China: All-electric vehicles sales and market share in
Q1 2021.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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98. China Electric Cars Sales
Canalys: China passenger car sales estimates.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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99. China’s Hunger For Copper
China’s Copper Raw Material Imports: 2008 – 2021.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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100. China’s Hunger For Copper
Copper concentrate treatment charges hit rock bottom.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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101. China’s Hunger For Copper
China’s imports of Copper “scrap” 2016 – 2021.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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102. China’s Hunger For Copper
China’s net imports of Copper broke all records in 2020.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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103. China’s State Grid Is
Getting Ready For 100
Million Electric Cars By
2030
Can We Reach 200 Million EVs Globally
By That Time?
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
103

104. Tesla Comes To China
Shanghai welcomes Elon Musk and Tesla Gigafactory 3.
Transfer of technology is unavoidable.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
104

105. Tesla Gigafactory 3, China
Tesla’s $2B China Gigafactory covers the size of 121
football pitches, aimed to make 3k EVs a week.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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106. Tesla Gigafactory 3, China
Tesla’s $2B China Gigafactory: “machine is building
machines”, reached 8k EVs a week capacity in 2020.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
106

107. Tesla Gigafactory 4, Germany
Germany welcomes Tesla Gigafactory 4!
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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108. Tesla Gigafactory 4, Germany
Tesla comes to the motherland of the iconic legacy
automakers and will keep them on their toes.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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109. Tesla Gigafactory 5, Texas!
Tesla selects Texas as location for its Cybertruck
Gigafactory 5.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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110. Rivian
New players are coming in. Rivian is backed by
Amazon and Ford.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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111. Hummer
GM launches Electric Hummer.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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112. Ford F-150 Electric
Ford launches Electric F-150 Lightning.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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113. Tesla Energy rEVolution
We must stop burning oil. Solar and Wind.
Electricity.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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114. Clean Energy Is Getting Cheaper
All-in cost for clean energy is getting much cheaper
than coal and gas.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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115. Green Energy: Clean Equals Cheap
All-in cost for clean energy plus storage is getting
cheaper.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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116. Green Energy: Clean Equals Cheap
All-in cost for clean energy plus storage is getting
cheaper.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
116

117. Energy Storage Systems
Solar & Wind
Energy Storage Systems will consume more Lithium
batteries’ capacity than electric cars in the future.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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118. Renewable Energy
BNEF: Markets where new-build solar and wind are
cheaper than existing coal- & gas-fired powered.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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119. Renewable Energy
BNEF: Wind and Solar power are the lowest-cost new
source of power for 2/3 of the global population.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
119

120. Renewable Energy
Renewable energy share of annual capacity
expansion.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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121. Renewable Energy
Renewable energy projected to account for three
quarters of global power generation by 2050.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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122. Battery Metals Boom
Rising EV demand supercharges demand forecast for a
group of metals.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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123. Energy Storage Systems
Solar & Wind
Energy Storage Systems will consume more Lithium
batteries’ capacity than electric cars in the future.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
123

124. How To Cross Digital Divide And
Finance Tesla rEVolution?
Capital is coming to global renewable energy space,
but only the best Lithium companies can get it.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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125. How To Cross Digital Divide And
Finance Tesla rEVolution?
Capital is coming to global renewable energy space,
but only the best Lithium companies can get it.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
125

126. How To Cross Digital Divide And
Finance Tesla rEVolution?
Capital is coming to global electric cars space, but
only the best Lithium companies can get it.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
126

127. Battery Metals Investments
The metal needed to support a 2-degree trajectory
would require over $1T investments.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
127

128. $6 Trillion Investment In EVs
Fast roll out of infrastructure for EVs will require stable
supply of copper.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
128

129. Green Energy Metals
Clencore: Decarbonising energy demand needs
significant metal supply growth.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
129

130. We Need Real Things To Build
Other Things
Markets are broken.
How to transfer Capital directly to enterprises?
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
130

131. We Need Real Things To Build
Other Things
Markets are broken.
How to transfer Capital directly to enterprises?
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
131

132. We Need Real Things To Build
Other Things
Markets are broken.
How to transfer Capital directly to enterprises?
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
132

133. Copper prices
Copper prices adjusted for 2021 inflation.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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134. A Golden Age For Copper
CDA: “How Copper Drives Electric Vehicles”.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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135. Global Copper Production
Golden Age for Copper.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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136. Green rEVolution
Trafigura expects a surge in global demand this
decade.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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137. Copper And Clean Energy
Visual Capitalist: “A new energy transition is beginning
and copper is at the heart of it”.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
137

138. Why Copper?
Visual Capitalist: “Copper has the superior properties that
allow it to be used for many types of clean energy”.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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139. Copper In Wind Farms
Visual Capitalist: “Offshore wind farms require
significantly more copper per MW”.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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140. Wind Installations
Cumulative global offshore wind installation.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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141. Large-Scale Wind Projects
Wind turbines are getting larger, larger blades optimize
power generation and increase ROI.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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142. Copper In Solar
Visual Capitalist: “There are approximately 5.5 T per MW
of copper in solar power systems”.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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143. Solar Cost
The cost to install solar has dropped by more than all
forecasts.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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144. Solar PV Modules Cost
The photovoltaic experience curve is 28.8%.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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145. Record Year For Solar
BNEF estimated that the 2021 year will be another
record year for Solar.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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146. Copper In Energy Storage
Visual Capitalist: “Copper wiring and cabling connects
renewable power generation with energy storage devices”.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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147. Energy Storage
Forecast battery installation breakdown.
Kirill Klip GEM Royalty TNR Gold
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148. Copper in Electric Vehicles
Visual Capitalist: “Electric vehicles rely heavily on
copper for the motors and charging cabling”.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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149. Copper in Electric Vehicles
Visual Capitalist: “Electric vehicles rely heavily on
copper for the motors and wiring”.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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150. Copper And Energy Transition
Visual Capitalist: “With each energy transition comes a
new need for materials”.
Kirill Klip GEM Royalty TNR Gold
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151. The Switch: Energy Transition
43% potential increase in copper demand by 2035.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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152. Copper: Green And Healthy
Copper is durable and sustainable with a long service
life. It plays a crucial role in green future.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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153. Copper: Green And Healthy
Copper’s role in climate neutral renovation.
Kirill Klip GEM Royalty TNR Gold
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154. Copper: Green And Healthy
More Copper should be used for doorknobs and other
surfaces to stop spread of viruses.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
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155. Copper: Green And Healthy
More Copper should be used for surfaces to stop
spread of viruses.
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155

156. Copper And Climate Change
Global demand for Copper in climate-based retrofitting
is forecast to grow 300% by 2035.
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156

157. The Switch: rEVolution
By 2030, > 250,000 tonnes of Copper will be used
annually in EV motors.
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157

158. Copper Is Needed For EVs & All
Charging Infrastructure
Annual copper demand in EVs and ICE vehicles.
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158

159. EVs & Copper Demand
EVs are expected to drive copper demand.
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159

160. Copper Big Picture
World refined Copper usage per capita: 1950-2018.
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160

161. Copper Big Picture
Over the next 26 years the world is going to mine more
copper than what has been mined in all history.
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162. World Copper Mine Production
World Copper mine production, 1900-2018.
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162

163. Copper Mining Capacity
Trends in Copper mining capacity, 2000-2023.
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163

164. Top 20 Copper Mines
Top 20 Copper mines by capacity.
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164

165. Teck: Copper Big Picture
Teck: Supply continues to be at risk, Copper demand
improves.
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165

166. Global Copper Production
Global Copper mine production increasing slowly.
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166

167. Copper Disruptions
Copper disruptions continue to impact mines.
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167

168. China Smelter Capacity Growth
Rapid growth in Chinese Copper smelter capacity.
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168

169. Copper Supply
Chines imports shift to concentrates to feed smelter
capacity increases.
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169

170. Copper Market
Raw materials weigh on downstream production.
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170

171. Copper Metal Stocks
Raw material shortages increase cathode demand.
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171

172. China’s Copper Share
China’s share of world copper consumption.
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172

173. Copper Supply Gap
Without copper projects supply gap will exceed 15Mt
by 2035.
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173

174. Copper Supply Gap
Copper supply gap will reach 8 Mt by the end of this
decade.
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174

175. Copper Mining Projects
Copper mining projects are increasingly challenging to
develop.
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175

176. Copper “Severe Deficit”
Goldman sees “severe deficit” for copper starting
in 2023.
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176

177. Copper Industry Meets 21st Century
It was our great-grandfathers that built today’s copper
industry.
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177

178. Copper Industry Investment Cycles
Understanding the implications of underinvestment.
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178

179. Have We Found Everything?
The future of copper mining means grades
below 0.5% Cu Eq.
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180. Copper Discoveries
Exploration budgets are still down, and major copper
discoveries are far and few between.
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180

181. Copper Discoveries
Exploration budgets are still down, and major copper
discoveries are far and few between.
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181

182. Copper Discoveries
Exploration budgets are still down, and major copper
discoveries are far and few between.
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183. Copper Head Grade
Industry head grade is going lower.
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183

184. Copper Bull markets
Copper price history comparisons.
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184

185. Los Azules Copper
McEwen Mining: “Los Azules – Our Sleeping Giant"
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185

186. The Green Energy Metals
Royalty & Gold Company.
TNR Gold Corp.
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186

187. Los Azules Copper Royalty
Rob McEwen: Taca Taca serves as a good proxy for the
value of Los Azules.
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187

188. GEM Royalty Co.
TNR Gold Corp. (TSXV: TNR)
The Green Energy Metals Royalty & Gold Company.
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188

189. GEM Royalty Co.
TNR Gold Corp. (TSXV: TNR)
The Green Energy Metals Royalty & Gold Company.
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189

190. TNR Gold Business Model
We do not have to contribute any capital to the
development of Mariana Lithium.
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190

191. TNR Gold Corp. Global Assets
TNR Gold Corp. Current Holdings.
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191

192. GEM Royalty Co.
TNR Gold Corp. (TSXV: TNR)
Becoming The Green Energy Metals Royalty & Gold Company.
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192

193. The Green Energy Metals Royalty Co.
TNR Gold Corp.
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193

194. Los Azules Copper
McEwen Mining: Los Azules – Significant Optionality to
Copper.
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194

195. Los Azules Copper
McEwen Mining: Los Azules has resources of greater
than 50M Au oz equivalent.
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195

196. Los Azules Copper
McEwen Mining: Los Azules – Big Exposure to Copper.
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196

197. Assets – Los Azules Copper,
San Juan, Argentina
Andean Cordillera – Home to Major Copper Mines.
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197

198. Los Azules Copper Resource
Los Azules ranks as one of the top 2 or 3 world class
deposits that are “for sale”.
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199. Los Azules Copper Resource
Los Azules Copper resource contains 10.2B lb. indicated
and 19.3B lb. inferred resources.
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199

200. Los Azules PEA
Los Azules can become 26th largest Copper mine
in the world.
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200

201. Los Azules PEA
Los Azules projected cost of Copper production.
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201

202. Los Azules Copper
Preliminary Economic Assessment
McEwen Mining Preliminary Economic Assessment’s
Highlights.
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202

203. Los Azules Copper
Undiscounted NSR $35.2B
McEwen Mining PEA: Commodity Price Assumptions.
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203

204. Los Azules Copper
Potential Value of TNR Gold’s NSR Royalty
TNR Gold holds a 0.36% NSR Royalty on the entire
Los Azules Copper project with McEwen Mining.
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204

205. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
205

206. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
206

207. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
207

208. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
208

209. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
209

210. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
210

211. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
211

212. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
212

213. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
213

214. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
214

215. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
215

216. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
216

217. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
217

218. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
218

219. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
219

220. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
220

221. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
221

222. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
222

223. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
223

224. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
224

225. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
225

226. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
226

227. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
227

228. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
228

229. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
229

230. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
230

231. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
231

232. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
232

233. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
233

234. The Green Energy Metals Royalty Co.
TNR Gold Corp.
Kirill Klip GEM Royalty TNR Gold
Copper August 2021
234

235. GEM Royalty Co.
TNR Gold Corp.
• Becoming The Green Energy Metals Royalty Co.
• Assets with major companies as Operators.
• Green Energy Metals: Copper, Silver and Lithium.
• TNR holds NSR Royalty on Los Azules Copper.
• TNR holds NSR Royalty on Mariana Lithium.
• TNR holds 90% stake in Shotgun Gold, Alaska.
• TNR Gold presentations on www.tnrgoldcorp.com
• All Information is available on www.sedar.com
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236. Thank you!
Energy rEVolution.
The World Just Before The INTERNET.
Contact k.klip@btinternet.com
Visit www.kirillklip.blogspot.com
Follow on Twitter @kirillklip
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