GRV greenvale energy ltd

Ann: Preparations for Maiden Drill Program at Oasis, page-7

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    https://www.argusmedia.com/en/news-...-s-queensland-coal-royalties-to-halve-in-fy25

    25.06.2025 "Australia's Queensland state government — which oversees coking coal regions — expects its coal royalty revenue to halve over the 2024-25 fiscal year to 30 June, driving a budget deficit. Royalty obligations could also reduce coal production.Queensland's state government expects to collect A$5.5bn ($3.6bn) in coal royalties over the 2024-25 financial year, down from A$10.5bn in the previous year, it said in its 2025-26 annual budget released on 24 June. The decline is partly driving a A$8.6bn budget deficit this year.State royalty revenues will remain depressed until at least the 2028-29 financial year because of continued coal price weakness, the government said. It will collect A$5.8bn-6.2bn/yr of coal royalties over the next four financial years.But royalty obligations may still be too high for many Queensland producers."
    I wonder what the Qld State Govt can do to offset the decline in Coal royalties ?????

 
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