copper demand, page-20

Hi mattkid76
If you are referring to the tax rate mentioned by Kalenn, it is mentioned in the Asian mining congress presentation 2011 on DML's website. Below is an extract

"Variable mining tax rate 25% to 55% (Boseto Dev Plan = 27% from 2014)"
Copper royalty is 3% of revenue
Silver royalty is 5% of revenue

It is also my understanding that no tax is payable until development costs are met, hence the 27% from 2014. Also mentioned are the cash costs of $1.28 p/lb ($2821 p/t) for copper and $1.23 p/oz for silver.

Hope this helps. If anyone has later figures than this I will be happy to hear them. PS I get a similar share price to yours, (in fact a little bit lower) but there is plenty of up side in future years if they are able to increase production to 50000 tons as they hope to.

Regards Bill