It must be understood that we're talking about improving the current regime with the minimum of the gross value. So we can easily get, for last year, for example, $200 million or $300 million more.
We also say that a range of 3 to 8% should be considered. This is one example, that of Australia. This range would be pegged to the price of metals. For example, right now, the price of gold is over $1,500 an ounce. So we would see an increase in the range.
Here's a concrete example, namely the Éléonore gold mining project belonging to the Goldcorp company in northern Quebec. When Goldcorp purchased the deposit from the company Mines d'Or Virginia, the latter kept a sliding scale royalty, which could rise up to 3.5% if the price of gold went beyond a certain threshold. The concept of a sliding scale depending on price trends is also important.