Re: Ecuador Wants Community Stakes in Mining Projects
in response to
by
posted on
Apr 26, 2008 01:43PM
The company whose shareholders were better than its management
Ultimately everything comes down to the governement's take. All (taxes, royalties, WFT - if still an issue - ,and ownership) are part and partial of that take.
I would trade share ownership, as long as it is reasonable, for WFT any time of the day. One being a firm and known cost up front, the other is an ongoing and uncontrollable bottomless pit that could really hurt your bottomline. You are right, everything is speculation so far, we just hope that the negotiations are genuine and there are in fact gives and takes.
Meanwhile, we'll remain hopeful.