Let’s look at royalty as at today per ounce rate usd 1827.06, per gram $58.739 convert to thai baht 1931.75
royalty calculation:
0-1500 thai baht 135(10+10+40+75)
1501-1931.75 baht 86.35 (431.75x20%)
total 135+86.35= 221.35 x31.1035 = 6884.76 (thai baht per ounce) or usd 209.35 or 11.46% royalty
I think It is still workable.
General discussion, page-63
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