Contract - Interpretation - Agreement for the sale and purchase of mining tenements - Proper construction of net smelter royalty - Where Allocable Charges may be deducted prior to the calculation of the net smelter royalty - Meaning of the term 'refining' and whether costs and charges deducted are for refining and amount to Allocable Charges - Whether the term 'refining' in the context of the Australian Mining Industry in 2002 had a narrow or broad meaning
Contract - Interpretation - Reasonable charges, costs and penalties - Reasonableness of costs paid by the defendant to its related entity - Whether costs paid exceed the potential costs charged if the relevant operations had been carried out by independent third parties offering comparable services
Case Details
Citation[2022] WASC 123
CourtWASC
JurisdictionWestern Australia
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