LRS 4.88% 21.5¢ latin resources limited

Ann: LRS Operations Update, page-130

  1. 162 Posts.
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    Does any know about this?

    How will Argentina's tax rate at 40% effect our company if we ever were to start mining?

    Just clueless to how this will work, is it only if you are borrowing money from Argentina that this HUGE interest rate will get you?

    Also their peso has gone into spiralling deflation.Will it be another Venezuela?

    Not downramping, as I own a few shares in LRS. JUST CONCERNED.
    Will the financial status of Argentina work for or against LRS ?
    Does it mean it will cost more to mine or less?.....btw my economic education is BAD. (hence clueless)
    So if anyone has a good understanding and willing to help appreciation in advance.
    Pauly G
 
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