0000000000-19-008568.txt : 20190701
0000000000-19-008568.hdr.sgml : 20190701
20190516122052
ACCESSION NUMBER: 0000000000-19-008568
CONFORMED SUBMISSION TYPE: UPLOAD
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20190516
FILED FOR:
COMPANY DATA:
COMPANY CONFORMED NAME: ROYAL GOLD INC
CENTRAL INDEX KEY: 0000085535
STANDARD INDUSTRIAL CLASSIFICATION: MINERAL ROYALTY TRADERS [6795]
IRS NUMBER: 840835164
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0630
FILING VALUES:
FORM TYPE: UPLOAD
BUSINESS ADDRESS:
STREET 1: 1660 WYNKOOP STREET
STREET 2: SUITE 1000
CITY: DENVER
STATE: CO
ZIP: 80202-1132
BUSINESS PHONE: 303-573-1660
MAIL ADDRESS:
STREET 1: 1660 WYNKOOP STREET
STREET 2: SUITE 1000
CITY: DENVER
STATE: CO
ZIP: 80202-1132
FORMER COMPANY:
FORMER CONFORMED NAME: ROYAL GOLD INC /DE/
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: ROYAL RESOURCES CORP
DATE OF NAME CHANGE: 19870517
FORMER COMPANY:
FORMER CONFORMED NAME: ROYAL RESOURCES EXPLORATION INC
DATE OF NAME CHANGE: 19810716
PUBLIC REFERENCE ACCESSION NUMBER: 0001558370-18-006805
LETTER
1
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TEXT-EXTRACT
2
filename2.txt
May 16, 2019
William Heissenbuttel
Chief Financial Officer
Royal Gold, Inc.
1660 Wynkoop Street, Suite 1000
Denver, CO 80202
Re: Royal Gold, Inc.
Form 10-K for Fiscal Year Ended June 30, 2018
Filed August 9, 2018
Response dated May 6, 2019
File No. 001-13357
Dear Mr. Heissenbuttel:
We have reviewed your May 6, 2019 response to our comment letter and
have the
following comment. In some of our comments, we may ask you to provide us with
information
so we may better understand your disclosure.
Please respond to this comment within ten business days by providing the
requested
information or advise us as soon as possible when you will respond. If you do
not believe our
comment applies to your facts and circumstances, please tell us why in your
response.
After reviewing your response to this comment, we may have additional
comments. Unless we note otherwise, our references to prior comments are to
comments in our
April 29, 2019 letter.
Form 10-K for Fiscal Year Ended June 30, 2018
Item 1. Business
Our Operational Information, page 4
1. In your response to comment 1, you state that the net revenue measure
reflects the revenue
recognized under your stream and royalty agreements and the cost paid for
metal
delivered pursuant to your stream agreements and is more akin to gross
profit. Please
modify the title of this measure throughout your filings and releases to
more properly
reflect its nature and to avoid the implication that this is a measure of
revenue, which
would be gross of cost of sales. Please also ensure the title used makes
clear that the
measure excludes depreciation, depletion and amortization. Refer to SAB
Topic 11:B.
William Heissenbuttel
Royal Gold, Inc.
May 16, 2019
Page 2
You may contact James Giugliano at (202) 551-3319, or Rufus Decker at
(202) 551-
3769, with any questions.
Sincerely,
FirstName LastNameWilliam Heissenbuttel
Division of Corporation
Finance
Comapany NameRoyal Gold, Inc.
Office of Beverages,
Apparel and
May 16, 2019 Page 2 Mining
FirstName LastName