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0.00% $1.10 new century resources limited

Ann: NCZ Secures Landmark Royalty Deferral Agreement with QLD Gvt, page-4

  1. miningnut
    10,725 Posts.
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    22/08/19
    09:40
    Post #: 40089586
    I don't know where you get your royalty figures or whether they're right.
    I would have thought that they would be paying 2.5% on Net Smelter Return - so last quarter NSR was around $50mil so if they double production from 6mtpa to 12mtpa then that should increase to $100mil/qtr or $400mil/pa so the royalty cost would be $10mil/pa.
    But happy to see your calculations.
    NCZ Price at posting: 28.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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