Just a short calculation.
Imagine, there is a coal price of 175 A$, 15% royalty = 26A$, net price 175 A$-26 A$= 149 A$
Then, the prise rise to 300 A$, even costs are rising, because of inflation.
The Royalty is 40% of 300 A$=120 A$, net price 180 A$.
So, from the rising price of 125 A$, 94A$ (75%) is going directly to the state.
With rising inflation, costs will rose a lot.
It look like robbery.
Do you want to kill your mining industry in Australia?
Mike
- Forums
- ASX - By Stock
- News: CRN UPDATE 1-Australian state's coal royalty hike could nudge others to follow suit - analysts
Just a short calculation.Imagine, there is a coal price of 175...
-
- There are more pages in this discussion • 26 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 CRN (ASX) to my watchlist
|
|||||
Last
$1.34 |
Change
0.035(2.68%) |
Mkt cap ! $2.246B |
Open | High | Low | Value | Volume |
$1.31 | $1.35 | $1.29 | $2.692M | 2.025M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 874 | $1.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.35 | 47325 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 874 | 1.340 |
3 | 8814 | 1.325 |
1 | 4042 | 1.320 |
2 | 4652 | 1.315 |
1 | 4042 | 1.310 |
Price($) | Vol. | No. |
---|---|---|
1.345 | 47325 | 3 |
1.350 | 36472 | 6 |
1.355 | 4042 | 1 |
1.360 | 3338 | 1 |
1.365 | 5338 | 2 |
Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
Featured News
CRN (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online