****The Mumbwa Project, previously held in joint venture with BHP Billiton, is now owned 100% by Blackthorn Resources with BHP Billiton retaining a 2% production royalty following its decision to exit from direct involvement in the Project in 2011****
Its just 2% of everything produced, i would be happy to write BHP a $2m payment for every $100m in revenue. Its a very small part of the pie.
licences, page-16
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