they will only get 4% out of 2$trillion worth of ore at current prices, and people are talking about gods blessing, god doesn't bless ignorance, DEMAND 40% royalty like a norway, or 50% royalty like botswana, stupid fools. no wonder africa is always poor. Nothing to celebrate here, "giving out gold for candies".
how much royalty will stay in that country? suppose they export $ 1 billion worth of ore will they even get 100 million dollars, these multinationals are greedy hyenas, they are their for profits unless the local people demand for more.
This is one of the greatest news that i have heard for the past years. Just before this news i listened to another good news that says the government of Arnes Bai Koroma has confirmed to be providing a free health service to women with pregnancies and young children under the age of 5. I hope and pray that this become a reality in our beloved country, SIERRA LEONE.
they will only get 4% out of 2$trillion worth of ore at current prices, and people are talking about gods blessing, god doesn't bless ignorance, DEMAND 40% royalty like a norway, or 50% royalty like botswana, stupid fools. no wonder africa is always poor. Nothing to celebrate here, "giving out gold for candies".
TheEwooz 1 month ago
how much royalty will stay in that country? suppose they export $ 1 billion worth of ore will they even get 100 million dollars, these multinationals are greedy hyenas, they are their for profits unless the local people demand for more.
TheEwooz 1 month ago
at 10 secs that lady needs to learn how to type faster ..... just saying.
Born sierra leonean and danm proud.
medbouncing 7 months ago
And I bet you the people of this country will never see a dime of this shit.
randomdude5640 11 months ago
another whiteman rite at da top of da iron ore industry. I hope SL wil use dis resource 4 beter infrastructure development.
zinnahblatee80 1 year ago 2
This is one of the greatest news that i have heard for the past years. Just before this news i listened to another good news that says the government of Arnes Bai Koroma has confirmed to be providing a free health service to women with pregnancies and young children under the age of 5. I hope and pray that this become a reality in our beloved country, SIERRA LEONE.
janelvelilromeo 1 year ago
why would this pose a problem?it would bring regeneration of many areas,services,transport and employment....surely this is a good thing?
correct me if you think i am wrong
guvnor24 1 year ago
@guvnor24 correction,the people, tjey should learn business, not charity even though they call it foreign investment.
TheEwooz 1 month ago
Oh my God.Another peoblem.
soadiatu 2 years ago