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The group’s EBITDA for 3QFY2021 stood at US$5.9 million. The group says its net profit after tax (NPAT) of US$12.2 million for the 9MFY2021 had already exceeded FY2020’s full-year NPAT of US$6.5 million.
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The group also entered into a royalty agreement with Monument Mining for the payment of royalties at the rate of 1.25% gross revenue on all mineral products produced in forms ready for sale from the area within the boundaries of Monument Mengapur’s subsidiaries.