SDL 0.00% 0.6¢ sundance resources limited

With respect to the 5% dividend, I haven't checked the legal...

  1. 144 Posts.
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    With respect to the 5% dividend, I haven't checked the legal structure but suspect that Camiron actually owns the resource and therefore future Mbalam mine, with Sundance and the Govt as shareholders in Camiron. Therefore the 5% tax would apply to dividends paid by Camiron to its two shareholders being Sundance and Govt company setup to hold their investment.

    DYOR though, maybe something different

    Cheers

 
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