As I posted, I cannot find the matrix I saw online after the thais amended their mining tax/ royalty scheme around 2017/18.
As such, I should not be speculating, my intention was only to point out that there is a defined royalty rate for gold of 3.5 to 20%, which is a sliding scale starting at x price and increasing to a maximum price at y, and this could quite significantly alter the profit dynamics some posters are speculating on (taking into consideration no royalty relief).
More information from the company would be nice
We are all standing at Kingsgate's Heavens gate, page-247
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