Recently Dean was posting about mining taxes in the Philippines being high etc.
Those mining taxes he refers to, are for foreign miners only, not local companies.
Been checking this morning, and I believe that the licence holder at Itogon, Cordillera Tiger is actually locally incorporated in the Philippines. Contact details for the company are certainly Ph based.
As such, those mining taxes DW bangs on about aren't applicable.
This is very good news for a number of reasons.
1, If ECR took it into production ourselves
2, Cordillera Tiger is sold to any company, anywhere on the planet.
We wouldn't just have to rely on just a local company buying Itogon or ECR to benefit from this tax benefit.
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