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

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To: Tomas who wrote (342)10/28/1997 12:45:00 AM
From: Tomas  Read Replies (1) of 2742
 
Good news from Malaysia: New fiscal terms announced last week in the new budget, the 20% export tax of profit oil has been reduced to 10%. This increases the economics of the whole project. They also lowered the oil company tax, I'll try to find out more details.
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