You'd best ask the company about the exact details but from what...

You'd best ask the company about the exact details but from what I know ( shareholder since IPO ) the Kingsgate Project land is privately owned and that includes the minerals. Unusual.
Auzex have an agreement with the landowners where they get
a 4% royality if a mine is developed. That's not bad as this royalty would normally be paid to government any how.
My back of the envelop numbers say the landowners will be very happy, turning non-productive bush land, into a cash generating machine for +20 yrs.

Try www.auzex.com


Climate Change
(Yes it does)