$19 maximum a tonne16 Aug 2022 13:52
"the net target sales price for Rukwa coal delivered at the gate of the mine is currently estimated to be between $35-$50 per washed tonne. The revenue share arrangements under the Agreement give Edenville $10 per tonne of washed coal sold at the minimum price of $35 per tonne, plus 60% of any sales revenue above $35 per tonne of washed coal ("profit share")."
So if they sell everything for $50 a tonne we get $10 + 60% of the $15 over the $35, so $9
In total we get $19 if they sell for $50 a tonne, or put it another way 38% or put it another way they get 62%