Almost all new mines receive tax free period/ultra low tax for 10 yrs. Expect company tax to be less tha 15% most likely 10%.
JORC Hematite Resource Upgrades during construction of between 200mt and 500mt allowing annual production to rise to 50-100mtpa.
What would your numbers look like given these easy upside assumptions?
Also, revenue and profit from shipping diamonds, iron ore, nickel, copper, gold from other miners over the 400 kms to Kribi port needs to be added to SDL's annual profits, is anyone out there knowledgable in this area.
Shipping revenue for QR Rail for example $$$ per tonne of iron ore or coal shipped?
Cheers Nectar
SDL Price at posting:
59.5¢ Sentiment: LT Buy Disclosure: Held