Haven’t got it at hand but you can do the calcs and see the company is paying ~14% in royalties which is 10% state and a few private royalties tallying the remainder. Nebari then have the 1% on top which moves higher next year if not repurchased. So Regal is buying one of the private royalties off the owner (Metro is NOT selling another royalty). From what I understand the figures quoted for the royalty are not accurate and there’s some nuance with it wrt to a production cap (royalty only paid on the first [x] tonnes).
MMI General Discussion, page-16
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Last
3.9¢ |
Change
-0.001(2.50%) |
Mkt cap ! $231.6M | |||
| Open | High | Low | Value | Volume |
| 4.0¢ | 4.2¢ | 3.9¢ | $283.3K | 7.050M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1434667 | 3.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.0¢ | 300000 | 1 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| MMI (ASX) Chart |