The headline should read;
Argentinian Government desperate to stimulate economy, seeks to attract new industries.
Blind Freddy can see who "The Australian" are working for. Constantly speculating on the SDV before management could make a definitive call (panasonic ring a bell?). So much for unbiased journalism.
This tax is temporary (2020) and irrelevant as SDV will likely only just be going into production at this point.
It will have zero impact on our NPV. Funny how they don't report the deal signed for US$280m....
How long does this carry on last. My guess is until mid Oct, when we get a quarterly showing annual production of 230mt (yield optimisation), Southern Tenement farmed and JV + Posco cash in bank.
Wont get my shares....
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Don't Cry For Me Argentina, page-6
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