NHC new hope corporation limited

Ann: Quarterly Activities Report, page-17

  1. 150 Posts.
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    Did a little bit more hunting around on the net and there are quite a lot of articles saying that:

    • New Hope will pay between 5-7% royalties on New Acland.
    or
    • New hope will pay up to 80% of royalties to themself.

    Which seems a little contradictory. Also doesnt mean this is true! of course . The gist of the rationale seems to be:
    • When NewHope leased/bought the land they offered to lease/buy the royalties as well. Im assuming some people accepted some didnt. That or there is a combination of some of the land where there title includes mineral rights and some where it does not.

    I would like to think we will find out on first saleable ore from New Acland on the next quarterly activity report.

    example additional article:
    https://inqld.com.au/business/2022/09/01/most-acland-royalties-will-be-locked-away-from-government/
 
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