RE:Scotia PT increase $7.25!!!!!! Santo Domingo Baby!!Scotia's NAVPS assumes a 3.80 cu price for 21. In its sensitivity analysis, it provides for a navps of 10.50 or so, if cu price is 20% higher than 3.80. 20% higher than 3.80 is 4.56 and price is above that.
I took a look at the structure of the Chilean government, it is bicarmel as the US. I anticipate the Senate, the upper house, will take a far more sober view of the implications of increased royalties as pushed by the lower house.