KCN 4.43% $1.65 kingsgate consolidated limited.

KCN agm, page-6

  1. 5,791 Posts.
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    I have made this point that the royalty rates are crazy, and increase every year on average (as inflation drives up the gold price over time, the royalty rate in % terms INCREASES too!)

    So you've probably pointed out something significant. That the negotiations should come up with a royalty discount, as the royalty rates are newly introduced after the capital was already expended on the mine and plants.
 
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