Tombu,
please correct me if I am wrong here....
my understanding is that for the next 12 years we get paid a royalty on 10 tonnes of Sc output from Nyngan irrespective of the production/sale, right?
So even if EMC gets no sale/output from this Nyngan Scandium Project we can expect some money come in to us as royalty.... this is what I understood.... please correct me if I am wrong..... been a while since I read that EMC agreement a couple of years ago so a bit rusty now....
Ann: Nyngan Scandium Project, page-6
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