WHC 4.68% $7.34 whitehaven coal limited

Target $18.72, page-1138

  1. 245 Posts.
    lightbulb Created with Sketch. 102
    Royalties are State based and not federal and open to correction, the Federal Govt has no jurisdiction over State Crown Land in which the mined asset lies unless it is within a territory where there is probably territorial legislation delegating authority to that territory.

    NSW
    https://www.revenue.nsw.gov.au/taxes-duties-levies-royalties/royalties/coal

    WA
    https://www.dmp.wa.gov.au/Minerals/Royalties-1544.aspx

    QLD - these are progressive above $175/tonne and not 40% flat so that claim is incorrect.
    https://budget.qld.gov.au/highlights/coal-royalties/
    https://hotcopper.com.au/data/attachments/4779/4779656-b0f32bba00c81e5ba6492172947cbf5c.jpg





 
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