A royalty hike would be an extremely unfair measure considering that government alraady pockets a percentage of turnover and should be quite happy with the no-risk windfall on top of the increased corporate tax income. Moreover they didn't try and reduce that percentage when prices were at the bottom of the cycle and mining companies bleeding, did they?
Considering the above probably the best way to describe such ia measure would be : THEFT
A royalty hike would be an extremely unfair measure considering...
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