Mincorp bought the Parker Range asset from CAZ
Royalty to CAZ is $50/tonne after 10 m tonnes has been mined .Resource is 34m tonnes. It will be mined when MIN has the right ore to blend with it. They are aggressively acquiring other iron ore assets in W.A are are one of the best operators going around.
Should any value be ascribed to this potential royalty?
Ann: Appendix 2A, page-32
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