Yeah I have no issue with the royalties increasing. Only fair...

Yeah I have no issue with the royalties increasing. Only fair the country gets a fair return back.

The super tax cloud is one issue but I also forgot to mention the classification of certain minerals which will allow royalties to go up to 10%. That's a triple strike.

I have Australian cobalt stocks so this might be good for cobalt, but i'm concerned and hopefully the Chinese and big miners can negotiate something which is fair for both parties. Either way this is a massive strike against investor confidence in the country.