SBS 0.00% 2.9¢ sub-sahara resources nl

gold 1m at 75.9 g.t high grade koka deposit, page-4

  1. 1,192 Posts.
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    Yes. Have a real question mark over this one. Govt gets 10% free regardless, 30% by "agreement" and 5% royalties on the goods. I can understand Govt ensuring due regard for the nation but it does seem a bit counter-productive slicing a slab like that and I guess the word "agreement" is the operative. Still, AVM appeared fairly determined to take a substantial position and I believe BT knows his stuff. It appears to me that it's the good ground that interests him and the diversification factor.
 
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