thanks kiwi.
http://docs.wixstatic.com/ugd/a5d095_4947916ac0384bd28fd8d4539cc37a69.pdf seems to indicate that the tax rate is circa 48% including royalties (see post tax NPV)
i am not sure if you can claim capital costs in botswana, as it is different to australia. i will call the company and find out.
re the neighbors, it is all relative to what you pay for the mine as to whether the investment is viable.
Information for new investors, page-17
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