ORR 0.00% 56.5¢ orecorp limited

HelloSeeking some clarification about what the benefits are to...

  1. 301 Posts.
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    Hello

    Seeking some clarification about what the benefits are to the Tanzania Government who have a 16% free carried interest.

    It is my understanding they do not have to contribute to the development and running costs etc but do they get a 16% share of the profits or are they the proud owners of 16% of shares which they can sell whenever they wish to.

    If there are any other benefits could someone please point these out

    many thanks in advance
 
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