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my ammended CLA valuation, page-39

  1. Maigret1
    1,114 Posts.
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    01/04/18
    04:14
    Post #: 32155720
    There's a bunch of incentives and tax privileges for companies processing at Walvis Bay export processing zone (what the company is aspiring for).

    Processing in cobalt mining is as we know a big portion of added value. When CLA is paying no tax for this part of value chain a net tax burden of 20% is imo quite possible.

    http://www.namibia-botschaft.de/images/stories/wirtschaft/Special_Incentives.pdf

    P.S.
    How big is the NPV for AVZ/Manono based on reserves ?
    Last edited by Maigret1: 01/04/18
    CLA Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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