- The new lease would be for an initial tenure of 5 years with an embedded option to renew for another 5 years.
- A 12.5 per cent royalty would be payable by BSL if it successfully produces helium or other products from the lease area to the lessor and the lease term will be extended indefinitely until production ceases.
- BSL agreed to pay a consideration of USD 75,000 to the lessor.
There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.
Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.
As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.