"upon the commencement of mining, FMG will pay Cazaly a royalty of:
(a) $1 per tonne for the 1st billion tonnes ore shipped;
(b) $0.75 per tonne for any further ore shipped capped at 1.65 billion tonnes;
(c) with the royalty not to exceed $50 million or 2% FOB"
$1 per tonne, is this really a good deal for CAZ considering all the hoopla and cash needed to fight this thing? Seriously costly if they loose.
I think FMG is the real winner here!
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Open | High | Low | Value | Volume |
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---|---|---|
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Price($) | Vol. | No. |
---|---|---|
1.9¢ | 400000 | 1 |
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No. | Vol. | Price($) |
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4 | 1007460 | 0.016 |
1 | 200000 | 0.015 |
1 | 82917 | 0.012 |
2 | 2000000 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 400000 | 1 |
0.020 | 346399 | 3 |
0.021 | 100000 | 1 |
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0.023 | 170000 | 1 |
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