Ann: Bawdwin Project Update, page-24

Approximately, yes.

If you read the PFS, the total to government is a bit more than that if you add full rates of company tax. However, as there is HIGHLY likely to be some form of company tax holiday, international practise and all that, the overall benefit to MYL will be 50% of 51% ....very convoluted way of looking at it though :_)

That would be money MYL could repatriate to shareholders or re-invest in Myanmar.

Major project status, which is what it takes to get 50 year Mining permit, comes with 'up to 7 years corporate tax holiday' to allow the financing and building of the mine. Lesser duration life of mine/mine permits have access to lesser terms of tax holiday. Note, I'm not saying they will get the full 7 years, just that there will have been a negotiation and that would be the maximum figure.

It's all out there in the public domain if you look hard enough.