Interesting. Thanks for sharing. There are many applications across all types of mining in this. However, the bit that got me was Section 229. It deals with royalties but more specifically the royalties to be paid in the case of a Special Grant which is directly applicable to IVZ.
229 Rate of royalty and annual fee
(1) Notwithstanding anything to the contrary contained in Part XIII (“Royalty”),
provision may be made in a special grant stipulating for the payment of royalty on all
coal, mineral oils or natural gases, nuclear energy source material or strategic minerals
won by the grantee under his special grant at such rate as the President may fix.
(2) Provision may be made in a special grant for the payment by the grantee
of such annual fee as the President may fix as consideration for the issue of the special
grant.
So, in order for the PPSA to be legal, this little section need to come into effect prior to the PPSA being signed.
- Forums
- ASX - By Stock
- IVZ
- Mines and Minerals Awaiting Gazette
Mines and Minerals Awaiting Gazette, page-13
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add IVZ (ASX) to my watchlist
(20min delay)
|
|||||
Last
6.3¢ |
Change
-0.002(3.08%) |
Mkt cap ! $95.53M |
Open | High | Low | Value | Volume |
6.5¢ | 6.5¢ | 6.3¢ | $53.57K | 849.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 489560 | 6.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.4¢ | 100000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 489560 | 0.063 |
4 | 495616 | 0.062 |
4 | 708099 | 0.061 |
5 | 615000 | 0.060 |
4 | 288991 | 0.059 |
Price($) | Vol. | No. |
---|---|---|
0.064 | 100000 | 1 |
0.065 | 11700 | 1 |
0.067 | 39888 | 1 |
0.068 | 102728 | 3 |
0.069 | 305000 | 2 |
Last trade - 15.35pm 11/11/2024 (20 minute delay) ? |
Featured News
IVZ (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, MD & CEO
Charles Armstrong
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online