Cotton & Western Mining Inc. (CWRN)

[surebob]

some royalties have gone up recently because of competition bidding for concessions but that doesnt necessarily apply to cwrn since cwrn already has its 50 year concession, renewable for another 50 years-

What is competition bidding? is that a new term?
The royalty was probably paid to CEMEX because they owned the concession before. So CWRN took an option on the concession and they don't have to pay a royalty?