Thanks for posting your findings on here lately, they've been great.
This is pretty rough, so anyone please let me know if I have made mistakes. As for taxes, the net profit before tax (LOM) for Vittangi is US$3.5B. Swedish tax rate is 20.6%, meaning they will take about one fifth of that $3.5B figure for the life of the mine. So about US$700m.
To take it a bit further, if you consider there is say roughly 500m tonnes of ore (Mark Thompson at CSIRO) and Vittangi/stage 1 is only mining 2.4m of it. If the resource could be exploited to it's full capacity, then there is about 200x that US$700m figure in potential taxes just sitting in the ground. So about US$140B.
Some of the figures truly get a bit eye watering when you consider expansions beyond Niska.
Thanks for posting your findings on here lately, they've been...
Add TLG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
71.0¢ |
Change
-0.010(1.39%) |
Mkt cap ! $269.6M | |||
| Open | High | Low | Value | Volume |
| 71.5¢ | 73.0¢ | 70.5¢ | $191.4K | 267.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3875 | 71.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 73.0¢ | 10000 | 1 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
|
|||||
|
Last
72.0¢ |
Change
-0.010 ( 0.67 %) |
||||
| Open | High | Low | Volume | ||
| 72.0¢ | 72.5¢ | 71.0¢ | 92723 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| TLG (ASX) Chart |