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0.00% 0.5¢ australasian resources limited

Palmer to cash in on royalty feesPUBLISHED : 06 May 2011...

  1. cormorant30
    252 Posts.
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    06/05/11
    15:08
    Post #: 8365301
    Palmer to cash in on royalty fees
    PUBLISHED : 06 May 2011 12:06:32 | UPDATED: 9 hours 7 minutes ago PUBLISHED: 06 May 2011 PRINT EDITION: 6 May 2011
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    Mining magnate Clive Palmer is confident that he will earn between $US400 million and $US500 million a year in royalty fees when first production begins at the mammoth Sino Iron Project in Western Australia.


    ARH Price at posting: 31.0¢ Sentiment: None Disclosure: Held
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