Even though most of technical in the RPS escapes my limit understanding of oil and gas structures, there is still enough solid information to make it a worthwhile read - thanks.

In the Beetaloo section of the report the royalty structure is mentioned as 10% to the government, up to 2% for the native rights and a very large 13% to a third party.

Does anyone know who the third party is that is potentially going to reap a major windfall higher than the government even?? If it is a Bruner related deal - I would not be surprised, but this is much much higher than the 5% royalty payable to the original Mako Trough license holder.