SMR 2.06% $3.97 stanmore resources limited

Ann: BMC Acquisition Completion, page-26

  1. 8,877 Posts.
    lightbulb Created with Sketch. 20

    Average price per tonne for period

    • Up to and including $100 – 7% of value
    • Over $100 and up to and including $150
      • First $100 – 7% of value
      • Balance – 12.5% of value
    • More than $150
      • First $100 – 7% of value
      • Next $50 – 12.5% of value
      • Balance – 15% of value
    The Queensland Government is already getting a massive increase in royalties as it’s linked to the price per tonne. Can’t see any increase helping develop more coal mines which are desperately needed. Which puts SMR in the box seat.


 
watchlist Created with Sketch. Add SMR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.