OTCQX:DMMIF - Post by User
Post by
greeneggson Dec 22, 2008 7:37pm
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Post# 15662768
It's good the mining law passes and all, but....
It's good the mining law passes and all, but....there is no mention at all about what kind of royalty/taxes we're going to pay, including a probably windfall profits tax.
If we're lucky and if for once the company officials back up what's they've said about their taxes being comparable with other jurisdictions, we'll pay 50-60% in taxes, and hopefully the windfall profit tax will be set at 1000 dollars, and not based on % of profit modle adopted by zamibia.