Ok mate, raise the royalties, make a quick buck. Spend it on whatever you want, who you gonna get to build the next mine? What are you going to do when the companies start mothballing operations because they can't make money. It wasn't that long ago BHP and Rio were running their Iron Ore mines at a huge loss and you want to "Crank Up Royalties"! You think there will be massive demand for Iron Ore that the price will make it viable to keep the mines running? Good luck mate, off in your socialist dream (nightmare for the rest of us)
