4 ms·
The royalty is actually a fixed dollar amount per X weight of product sold - so not inflation protected.
by comex 5y ago
The royalty is actually a fixed dollar amount per X weight of product sold - so not inflation protected.
- bombcar 5y agoIs it? The finalized says ten per cent of gross apparently.
- Rastonbury 5y agoSurely they sell more that $1.14m worldwide per year
- bombcar 5y agoTrue, though this is an unspecified fraction of the royalties.
- missedthecue 5y agoSince this has been a thing since the 1800s, wouldn't it be paying out pennies per ton at this point? There has been a lot of inflation in the last 150 years.