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KLONDEX MINES LTD. T.KDX

"Klondex Mines Ltd is a gold and silver producer engaged in exploration, development, and production of its properties. The company has interests in three mineral properties: the Fire Creek Mine, and the Midas Mine and ore milling facility, both of which are located in the state of Nevada, USA, and the True North Gold Mine (formerly the Rice Lake Mine) and mill in Manitoba, Canada. The revenue of the company is generated from the sale of gold and silver."


TSX:KDX - Post by User

Post by JRaffleson Nov 02, 2016 11:30am
205 Views
Post# 25415626

Klondex & Trump

Klondex & Trumphttps://www.klondexmines.com/assets/docs/regs/kdx.ar.2015.pdf


The above 2015 Annual Report sets out the tax liability under Obama:-

$m
34.3 - net before tax profit
11.7 - tax at 35%
------
22.6 - net to shareholders

A Trump administration would apparently reduce the tax charge by 57% to 15% of profits.

If that 20% tax saving were to be paid out as a dividend - what would that do to the SP?

 

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