RE:follow up on NEW QUEBEC REGUALATIONS I do understand you and I agree I would have preferred the royalty sharing scheme, but Hey, they have always pre-conditioned social licence and Binnion havent been more clearer about that. Its up to every municipality and company to settle the economics, thats what youre saying? Fine by me, I have trust in Binnion and team, and their efforts in securing social licence.
You are very doomy, maybe for the right reasons. But you have spammed enough now about this royalty sharing stuff and the CAPs. So instead of keep posting that, we have received the message/rumor, are there no other ways to put money in the pockets of the municipalities??? Please answer this, if your answer is plain NO then there is no idea continue discussing with you.
I do know for a fact, that there are other ways to creative incentives, a wide range of taxes that goes straight into municipalities' pockets, corp tax, capital tax, tax on property owners income, licencing fees, social fees, infrastructure fees (perhaps), personal income tax, surely som profit share-formula, along with the benefits of all investments and jobs creation.
We have come this far, it would be weird if they came up with something that would never work for anyone anywhere. Their intentions have never been to turn Quebec into Texas. Lightoil, there is a reason why we trade 1 CAD today, barely recognizing the lowlands and Jordan potential. If we can get 5-10% approval on the lands, we should be happy. The rest will follow when other communities realize - no harm done. The resource assesment valuation base case assumes 3% of the land.