RE:RE:RE:RE:RE:Return of a $20m investment to gouvernementMy post was meant almost as a joke, but if you calculate all that the gouvernment gets back in return
in income taxes and sale taxes from all lever.
From the mining co net income
from direct salaries for employees
from employees spending their net revenu on taxable object, services.
from all services sold to the mining co.
I am certain that 90% of the +- $20m that could be lent to ABI, 90% comes back to the gouvernment
in income,sales taxes in a few years.
And if the $20m lent returns 10% in interest and the principal is paid back probably means an other
few million in interest to the gouv.
And also calculate that if the mine is in operation for the next 10 years what would be the
final return to gouv in the end.
All that for a loan that the gouv can provide at no cost to them (all they have to do is print $20m extra).
Maybe one of you can convince the gouv to lend us.
Fernand