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Ann: Bawdwin Project Update, page-10

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Mason14

979 Posts.

11086

15/09/20

10:42

Post #: 47345533
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Originally posted by Kalenn: ↑

Any time between now and then...it's down to a toss of the coin whether it is before or after but coming soon is ultimately what really counts.

Multiple parties making financial offers AND an independent consultant working on the metrics is all very good news. There will be no low ball offer wins with the granting of MIC.

The other thing to keep in mind is that a 50 year license is usually ONLY given to major projects and they are usually entitled to up to a 7 year tax holiday.

It remains my opinion that the effective total government take will be in the realms of 50%.

The data is all out there in the public domain...go look.

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I appreciate the response, mate - thanks for the info!

MYL Price at posting: 9.8¢ Sentiment: Hold Disclosure: Held
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