problem could be our mate "Henry" with his tax reform could hit shareprice in the short term. I know they want to hit profit with a 40% tax and they are going to do a system where the state taxes will be paid by the companies and reimbursed by the fed govt so whats the wash up ? hears a few questions re rhm:
1) overall can anyone qualify re the current system (royalties etc) and the new system (factoring reduction of co tax 2%) how much mine co's tax has increased ?
2) Exploration co's will get tax breaks, how much will they be worth?
3) if a mine is set up at BV in the USA the cost i believe is on par or cheaper than oz how do the USA royalaties,taxes system now compare ????
Thanks to any replies in advance .
RHM Price at posting:
33.0¢ Sentiment: Hold Disclosure: Held