remember this is a 50/50 jv with the egyptian government
both projects fall under the umbrella of Egyptian Law no 8/1977 providing benefits such as protection against nationalism
free export trade of products
max of 5% customs import duty
exemption of a number of taxes including stamp duty and land tax
scoping study based on sale of ta2o5 ONLY- at a price of US$30/lb makes the project viable
add the feldspar
add the tin
add the nb205
(gold tenements-?? of course no value ascribed but could prove fruitful)
AND the project is strongly cash flow positive, but thats only a scoping study, but this info has helped me decide to buy and be >100%ahead-so far
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Open | High | Low | Value | Volume |
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Buyers (Bids)
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Price($) | Vol. | No. |
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5 | 1082995 | 0.007 |
3 | 1794060 | 0.006 |
4 | 1026833 | 0.005 |
4 | 9300000 | 0.004 |
3 | 2300000 | 0.003 |
Price($) | Vol. | No. |
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0.009 | 4671480 | 6 |
0.010 | 2763194 | 4 |
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