Bear in mind royalties are a minor return in the short term (the credit crisis is today) on billion dollar investments by Governments that would be required to upgrade the Darwin port and build a new railway line from Isa to Tennant Creek.
I agree with other holders that these investments are in the national interest at some point in the future but maybe taxpayers have another view? After all the average punter on the street really only cares about himself and generally doesn't look to far into the future. Not that I blame people since the future is very hard to predict. But for MAK such investments would obviously be favourable to the project at Wonarah ...
I am still a little confused how the likely port capacity is going to marry up to the plans still being promoted by MAK ie tonnages. Would certainly love to be corrected if I am wrong here ...
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