nice find tobyjack
i am relatively new to this stock, so i welcome any corrections.
in relation to tiger's principal asset, the kipoi project, it is already 40% owned by a drc state entity -- not sure how the proposed mining code will affect this if they are already above threshold. the other 100% owned projects probably will be effected.
the flagship project, kipoi is already delivering revenues of US$94m for 6 months to june, approx US$188m annually, 6% of this as royalty is only US$11m annually.
good news though, according to pwc report (below), the royalty is also tax deductibe
http://www.pwc.com/en_GX/gx/energy-utilities-mining/publications/pdf/pwc-gx-miining-taxes-and-royalties.pdf
in my view, whilst the proposed changes are not ideal, they aren't as bad as some may initially think
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