Loki,
Maybe I am an optimist but I see the royalty situation in reverse to you. I see it as a case of MacB finally letting go of the balls – as far as I am aware the royalty was payable on all further gold production including ore imported from China, DR or where ever, so it is a huge let off if it happens.
Ann: Quarterly Report as at 30 June 2015, page-21
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