CCC continental coal limited

Am I understanding this right?"A royalty arrangement is in place...

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    Am I understanding this right?

    "A royalty arrangement is in place with respect to the Group’s $20m debt facility instrument equating to US$1 per
    tonne, capped at 15m tonnes.

    $10m royalty plus for a $20m debt fascility.
 
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Currently unlisted public company.

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