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Gold/Mining/Energy : Lundin Oil (LOILY, LOILB Sweden)

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To: Timelord who wrote (357)11/12/1997 12:03:00 PM
From: Tomas   of 2742
 
Recent tax cuts in Malaysia means at least US$60 million to IPC over 10 years = close to a 10% increase of total phase 2 cash flow (US$600-650 million) = one full year of phase 2 cash flow.
For Lundin Oil the corresponding figures are 57% higher (Sands' share in Malaysia is 57% of IPC's).
Details on the tax cuts: thestar.com.my
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