SBS 0.00% 2.9¢ sub-sahara resources nl

Yes. Have a real question mark over this one. Govt gets 10% free...

  1. 1,192 Posts.
    lightbulb Created with Sketch. 12
    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.
 
watchlist Created with Sketch. Add SBS (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.