In addition, Arcadia will retain a 2.5% royalty of the gross value of the proceeds on production
of gold from the tenements. The royalty is capped at A$3.5m which will only commence post the
production of 20,000 ounces from the Arcadia properties
Not a mega-saving but it tidies things up.
RNS Number : 4935JKeras Resources PLC12 September 2016
In addition, Arcadia will retain a 2.5% royalty of the gross...
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