GC,The way I understand the RSPT, juniors/specs may be more...

GC,

The way I understand the RSPT, juniors/specs may be more attractive.

The RSPT is only levied once mines make a profit and AFTER they have paid for capex of project. And the govt pays for 40% of the project.

Goldies are/were risky without a RSPT; some of that (start-up) risk is mitigated with its introduction.

I'm no means an expert on this tax but from what I can understand it is aimed at the big boys and might eventually mean many more $$$ going into junior sector - once the dust settles and it becomes law.


Cheers,

C12