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27.0¢ nzuri copper limited

"similar parallels to the changes Trump is making or the Chinese...

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africadale

940 Posts.

79

09/03/18

12:20

Post #: 31645115
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Originally posted by africadale ↑

Calm down peoples.
The tax was discussed here when it was first proposed.
The royalties are in line with other countries - in fact lower than many other copper producing nations.
The profit tax is obviously unpopular - but read the Cannacords report and you realize it has minimal economic impact on NZC. Further, if it does go ahead in current form we know it is based on the price of Cu/Co used in the BFS for the project. NZC has the advantage of not completing a BFS yet.....
Lastly, life and business will go on in the DRC. NZC has a robust project. Further, I expect that when we start to see the results of the options study then the revised NPV will be significantly higher.
What is risk imo, as others have stated is when Governments start going back on their word and creating doubt - as per the 10 year grace period being removed for existing operators and some of this Nationalistic talk - but put into context, similar parallels to the changes Trump is making or the Chinese Gov extending their term.....

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"similar parallels to the changes Trump is making or the Chinese Gov extending their term....."

or how about our own Australian politicians making 1000 promises and delivering none.

NZC Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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