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5.41% 78.0¢ red hawk mining limited

Ann: Pilbara Iron Ore Project Update, page-56

  1. PrimoTrader
    4,661 Posts.
    lightbulb Created with Sketch. 33
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    02/07/15
    19:54
    Post #: 15572553
    SSV,

    The problem is the royalty capped at $1.40 per tonne.

    Why wasn't it a % of sales?
    FMS Price at posting: 1.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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