HVY 2.13% 9.2¢ heavy minerals limited

Ann: Pre-Paid Royalty Mandate, page-21

  1. 178 Posts.
    lightbulb Created with Sketch. 26
    Why are you quoting RDG profit in 2021 when lucky bay was still under development? You do know that royalty’s will only be paid when the mine is in production, and not for on revenue of other business units?

    check out the scoping study to help you understand how this could work. it’s great that you are thinking about it, but I think your assumptions may need a review.
 
watchlist Created with Sketch. Add HVY (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.