RHM 0.00% 30.5¢ richmond mining limited

problem could be our mate "Henry" with his tax reform could hit...

  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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