CWE
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0.00% 4.2¢ carnegie wave energy limited

Sellers looking to get out, page-9

  1. Megafauna
    17,322 Posts.
    lightbulb Created with Sketch. 1099
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    10/03/15
    06:53
    Post #: 14886028
    I think they are calculated quarterly but payments are made twice a year.

    The gold chart looks good for a bigger payment next time. The participation rate for royalties is $AUD1340 but the price has been well above that for nearly the entire quarter. A higher percentage kicks in when the gold price is above $AUD 1500.

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    CWE Price at posting: 6.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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