RHM 0.00% 30.5¢ richmond mining limited

time for a new 52wk high, page-26

  1. 820 Posts.
    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 .
 
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