Ann: Talisman Receives First Wonmunna Royalty Payment, page-53

I can't really elaborate much on it, Free2. The numbers are from MIN's medium term outlook, and when a company wants to expand output four-fold the first cabs off the rank I imagine would be low capex sites. That almost certainly includes Wonmunna. Don't quote me, but I think they have space in their throughput with Iron Valley and Wonmunna and I think they will likely plug it as soon as is practicable.

The only other thing I can offer is that MIN said that, given the low capex outlay for the nameplate doubling, the only thing they really need is for the appropriate approvals to be forthcoming. I don't know enough about the process to be sure, but it's possible that MIN have already made appropriate applications for the expansion and are waiting patiently for them to be ticked. Either way from where I'm sitting the 10mtpa looks very much on the cards in Wonmunna's future.

Spitballing, I can imagine some deal though might be forthcoming with MIN if and when the expansion does happen, the cashflow to TLM will be insane and we might be better off getting something other than cash from them in lieu of the royalty increase