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Gold/Mining/Energy : BRE-X, Indonesia, Ashanti Goldfields, Strong Companies.
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To: Method who wrote (7357)3/19/1997 11:30:00 AM
From: Goldberry   of 28369
 
Method I guess under your scenario there are no taxes and royalties payable to the Indonesian government. I heard tax was around 35% and royalties currently 2% but the government was looking to increase to 4%. I am not positive about these numbers as I have not done any due dilly to confirm. Someone else might be able to give accurate numbers. There are also administrative costs but IMO these would not be a large percentage of the income.

It still leaves a lot of cash flow compared to other producers though.

Graham
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