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.
Ann: Annual Report to shareholders, page-7
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