$260 billion gold mines going for a song, behind closed doors

[Captain1]

Re: $260 billion gold mines going for a song, behind closed doors

@Sa1eem

We do not know how much it would cost to extract gold and copper from Riko Dig, but I believe, it would cost very little compare to the value of deposits Riko Dig has, maybe 10 billion dollars. Still, one can be certain that Riko Dig would produce reasonable amount of Gold and Copper. Foreign company share is 75 percent of that (unfortunately), but I am sure Pakistan can tax that amount and if taxed properly, that would be substantial.

At present, what I am thinking is that present agreements are to do with negotiation on tax concession that foreign companies may be demanding, as possibly Riko Dig mines must have started producing Gold and copper profitably, and now another thug, Mr Zardari is thinking about his own Raiwand farm, Nihari, Payea and lassi.

Isn’t tax covered in agreements before-hand? I don’t think any company would be interested without pre-conditioning tax amount.