RE:RE:How?
Welcome to the world of split lands. The Tlicho control the surface and the subsurface resources belong to the Crown. Fortune has the right to mine and market these, but must pay a royalty to do so. And that royalty may be split between different governments but it is the GNWT that prices it. What is an arsenical cobalt concentrate worth? Actually, nothing UNLESS you can separate the arsenic from the concentrate, and dispose of that arsenic in an environmentally safe manner. So what is the royalty payable on a valueless product. You have to consider that big UNLESS. If that costs hundreds of millions of dollars to build, and tens of dollars per pound of cobalt produced, that must be considered by the GNWT in determining what the royalty rate will be.