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4.0¢ blackstone minerals limited

I'm not sure if it was quite that high, maybe 20%. Vietnam...

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rick26

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27/09/22

09:42

Post #: 63893834
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Originally posted by Boggie69: ↑

we get a special mention on one of crux investors latest set of interviews
mark selby pointed out that the previous operators of our Vietnamese project were being charged a 25% export tax

i wasn't aware of this however that mine was still economic with a 25% tax lumped on top of exports
we have reduced tax rates for the first 15 years which still don't hit a 25% tax after that 15 year period

goes to show that our relations with the Vietnamese government are as strong as SW likes to indicate
interestingly enough he talks as if we have even better relations with our potential partners

can't link on my phone but it's a decent watch for those interested

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I'm not sure if it was quite that high, maybe 20%. Vietnam brought in the same type of policy as Indonesia where the export tax is higher for unprocessed ore or concentrate to encourage further processing within the country. AMR were looking at buillding a smelter, likely an electric one, for $30m which would have brought their export tax for nickel matte down to, from memory, 5%. The Vietnamese Govt are very keen to see plants such as the refinery BSX is designing built in their country, it is their policy

Last edited by rick26: 27/09/22

BSX Price at posting: 18.0¢ Sentiment: Buy Disclosure: Held
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