NYO nyota minerals limited
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The Tula Kapi project fails to reach investment grade due to 35%...

  1. Vainglorious
    603 Posts.
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    11/12/12
    18:54
    Post #: 11175593
    The Tula Kapi project fails to reach investment grade due to

    35% tax
    8% gold royalty
    5% government free-carry
    High capex

    A project could remain viable under any one of those conditions, but all four just wreck good projects.
    NYO Price at posting: 6.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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