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Ann: Mining Agreement with Arruwurra Aboriginal Corporation, page-104

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dangerat

884 Posts.

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05/07/23

11:08

Post #: 68628709
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Originally posted by growler1969 ↑

Ummm... It's a flat rate based on the calculations.

The NT government is trying to spin it. Why? They know it's high. Why do you think they are reviewing it? To make it higher?

Now add in the 2.5% royalty negotiated by Clarky. To his credit, it means less royalty to NT government.

But do a back of the envelope calculation of the 2.5% based on 600ktpa and the sales less domestic logistics costs as supplied by Pezz. Let me know what you come up with.

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Like I said, its not a flat rate. And like I said, it would be a good problem to have.

AEV Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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