https://nit.com.au/04-01-2024/9217/iron-ore-giant-pays-125m-to-major-pilbara-aboriginal-group
I don't understand why everyone bitching about the 7% for liquid spodumene...
in WA the Royalty to Government is 5% then u have indigenous payments/royalty.
Also as some one pointed out this 7% is paid BEFORE TAX so if u take it into tax consideration it's slightly more but not as damaging where Galan will lose money on the products sold.
I am just waiting for DJ to come back from China. Will be interesting to see what happens now there is an export permit.
Give DJ a few weeks.
GLTAH
https://nit.com.au/04-01-2024/9217/iron-ore-giant-pays-125m-to-ma...
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