I understand, Was more of an observation that Revenue divided by tonnes sold was $44 per tonne royalty. If all tonnes sold are at $500 it is an obscene amount of money. Royalty on Coal Sold to $299.99 is $49.50 Royalty on Coal sold to $500 is $129.50. If coal costs $199 to produce at Bluff, sells for $264 and pays $44 royalty BCB keeps $24.
BCB Price at posting:
11.5¢ Sentiment: None Disclosure: Not Held
