KCN 3.50% $1.33 kingsgate consolidated limited.

Ann: Corporate Update, page-37

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    It would be less politically embarassing for the Thais to reduce a royalty rate than to pay cash compensation and it might be more to our advantage to take a lower royalty rate over the next ten years than to accept cash compensation especially as the first A$100mil probably goes straight to Zurich.
 
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