of course, much of their problems have been inflic
Post# of 8059
Posted On: 05/25/2014 12:29:32 PM
of course, much of their problems have been inflicted by unreliable jv due to lack of money,(since Bob wasnt independently wealthy- shouldnt be much of a problem now)
port games, and everchanging permit requirements /extra audits due to illegal mines-which should be less of a problem moving forward as prices stabilize and govt's get a handle on the illegal mines -including boots on the ground,as Mexico has been doing lately, as we've posted
also, it would be nice to get product out the door before Mexico instituted more mining taxes (other than the 7.5% EBITDA royalty which Mexico began this year)- as Australia did May 2012 w a 30% iron/coal export tax (which eliminates Australia's proximity to China advantage-often forgotten by commentators- and caused China to pull out of some Australian projects)-and India's direct and indirect export taxes total ca 40%
port games, and everchanging permit requirements /extra audits due to illegal mines-which should be less of a problem moving forward as prices stabilize and govt's get a handle on the illegal mines -including boots on the ground,as Mexico has been doing lately, as we've posted
also, it would be nice to get product out the door before Mexico instituted more mining taxes (other than the 7.5% EBITDA royalty which Mexico began this year)- as Australia did May 2012 w a 30% iron/coal export tax (which eliminates Australia's proximity to China advantage-often forgotten by commentators- and caused China to pull out of some Australian projects)-and India's direct and indirect export taxes total ca 40%
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