congo government wants 35% of mining projects, page-33

One thing to keep in mind this is a proposition to the commission setup to revise the DRC mining code. It hasn't been implemented.

Even if it does get implemented its also not certain on how it would effect Tiger Resources, if at all. TGS may in fact be exempt from it taking into consideration there is already a terms and condition in place.

If the proposition is fully implemented and TGS is fully subjected to it, it's hardly a storm in a tea cup.

Apart from a 35% grab, royalties go up, tax goes up and companies taken over a subjected to a capital gains tax.

What I'm confused about here is didn't the DRC just review it's mining code??