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g-ianni

11/25/11 10:25 AM

#63258 RE: CancunCharlie #63257

itemized costs on fins would help considerably, but I was scoffed at from a few on this board that the company's fins are rediculous in as far far as a complete break down of expenses.jmho

Rojotu

11/25/11 1:41 PM

#63263 RE: CancunCharlie #63257

thats a deep dark company secret. I have wondered about that myself. The management has the TA gagged so we will probably never know. Go SGCP

dredgemaster

11/25/11 2:59 PM

#63266 RE: CancunCharlie #63257

Maybe this helps?
Surface rents are very small and can be as little as $100 a year as all you are leasing is a part of the bank that the dredge will operate from.
A dredge licence is $5000 a year.
The chief usualy gets the mining licence as Locals pay less than foreigners but there is a loophole that if you have a Dredge licence nobody asks for a mining licence.
The deal with the chief is usualy that the comunity gets 20% to 30% of the PROFITS.

Hope is of some help.

TOSCA

11/26/11 2:09 AM

#63279 RE: CancunCharlie #63257

Good idea Charlie, but to calculate the expenses we have to put in context all the activities such as mining, agriculture, carbon project, Paulownia project, long term leases and additional the gifts such as medicines, building roads, equipment, logistics, wages, sponsoring etc... Mission impossible?