The following was found on the A.S.X. Thread and our SRE (DCM...

The following was found on the A.S.X. Thread and our SRE (DCM Metals of austria)

re: rudd to offer miners new deal (groundzero)
Forum: General (Back)
Code: ASX - ASX LIMITED ( $29.88 | Price Chart | Announcements | Google ASX)
Post: 502355
Reply to: #502351 from DjangoGonzales Views: 49
Posted: 18/06/10 11:00 Stock Price (at time of posting): $30.74* Sentiment: Hold Disclosure: Stock Held From: 58.164.xxx.xxx

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"And in a major concession to miners' concerns that the proposed tax would make some projects unviable and unattractive to investors, the Government would allow mining companies to write-off capital expenditure before it applied.

In some cases, companies would be able to recoup the entire capital costs of their project before being subjected to the tax, as already happens with offshore oil and gas projects subject to the petroleum resource rent tax."

= All looks very good for RCP !

M.K. Should research the preceding and consider the +++ s= (Plusses) in such a Concession instead of trying to play Politics with RCP,MZI and SRE Shareholders. M.K. seems to have been in general, 'ACTING like a Chook with its cut off' and its Time for DCM Metals to 'put a Cork in his Mouth'.

No responsibility taken for any lossews in association with this Posting.

Regards, moly