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Strategies & Market Trends : Ride the Tiger with CD
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To: jpthoma1 who wrote (112255)4/20/2008 10:04:11 AM
From: tyc:>  Read Replies (1) of 312640
 
Whether the Canadian mining companies boycott Ecuador will surely depend upon the after-tax profit the new regime allows them to retain. They are unlikely to walk away from their mines if they still promise satisfactory profitability.... (and that profitability might be calculated on future expenditures, rather than on total expenditures including moneys already spent)

What would you guess to be a satisfactory minimum after tax IRR, to keep them there ? How does that compare with the minimum profitability that sees mines go into production elsewhere ?

No doubt profits will be reduced by the new regime. Only if they are eliminated will mining companies walk away.
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