ROYALTY AGREEMENT, UNALLOCATED RESERVE AND DISTRIBUTIONS (Tables)

9 Months Ended

Oct. 31, 2024

ROYALTY AGREEMENT, UNALLOCATED RESERVE AND DISTRIBUTIONS

Schedule of unallocated cash and U.S. government securities portion of the Trust's Unallocated Reserve

	October 31, 2024		January 31, 2024
Cash and cash equivalents	$	95,910,149	$	23,980,448
Distribution payable		(5,116,804)		(4,854,404)
Unallocated cash and cash equivalents	$	90,793,345	$	19,126,044

Schedule of reconciliation of Trust's Unallocated Reserve

	Unallocated		Trust
	Reserve		Corpus		Total
Balances as of July 31, 2024	$	22,116,015	$	3	$	22,116,018
Net income		78,325,525		—		78,325,525
Distributions declared - $0.3900 per unit		(5,116,804)		—		(5,116,804)
Balances as of October 31, 2024	$	95,324,736	$	3	$	95,324,739

	Unallocated		Trust
	Reserve		Corpus		Total
Balances as of July 31, 2023	$	21,644,693	$	3	$	21,644,696
Net income		4,086,066		—		4,086,066
Distributions declared - $0.3500 per unit		(4,592,003)		—		(4,592,003)
Balances as of October 31, 2023	$	21,138,756	$	3	$	21,138,759

	Unallocated		Trust
	Reserve		Corpus		Total
Balances as of January 31, 2024	$	20,975,143	$	3	$	20,975,146
Net income		87,207,203		—		87,207,203
Distributions declared - $0.9800 per unit		(12,857,610)		—		(12,857,610)
Balances as of October 31, 2024	$	95,324,736	$	3	$	95,324,739

	Unallocated		Trust
	Reserve		Corpus		Total
Balances as of January 31, 2023	$	11,438,214	$	3	$	11,438,217
Net income		14,292,545		—		14,292,545
Distributions declared - $0.3500 per unit		(4,592,003)		—		(4,592,003)
Balances as of October 31, 2023	$	21,138,756	$	3	$	21,138,759