Gold ON THE RISE !.....82,500 hectares in the amazon with gold and
by "brazilrealestate1@[EMAIL PROTECTED]
" <JazMartin@[EMAIL PROTECTED]
>
May 13, 2008 at 04:53 PM
The cost is R$100Million. The paper work, since it is in the Amazon,
will cost an additional R$18-24Million including property transfer tax
and registration into your name. The expected AU deposit is of 70 tons
and iron ore of 3,700 tons. The excavation cost would be (equipment
and labor + logistics and administration) in turn of another R
$36MILLION.
The U$D1=R$1,7 but please watch the FOREX rates daily !
The total cost is estimated to be R$170Million or around U
$D100Million.
Pretty good venture for an Enterprise which has U$D100Million cash to
spend in less than 9 months !
I have no idea on ex****t taxes but with Au they should be at least
20%.
