SRX 0.00% 13.0¢ sierra rutile holdings limited

This means an increase in turnover tax from 0.5%-3.5%.The...

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    This means an increase in turnover tax from 0.5%-3.5%.

    The estimated cost of these changes would be ~$30m USD ($43m AUD) over the 4yr mine life left, which is 10c/share.

    This will also impact the value & feasibility of the Sembehun project if you cannot trust the government to maintain stable tax conditions.
 
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