Where does a Guyana gold miner find 15 billion to invest in Aruwai Resort?

very good question indeed…

mark jacobs lives!

my friend asked me where does a guyanese get 15 billion to invest in a resort? but i had to confess ignorance
but it got me thinking
15 billion guyana dollars is 75 million us
let’s try and put these numbers into perspective
beverage and drinks giant banks dih after tax profit for 2014 was 2.2 billion dollars
demerara distillers limited 2014 after tax profit was 1.5 billion
guyana bank for trade and industry after tax profit for 2014 was 2.117 billion
in case you pulled a ray charles and cant see where i am going with this
the profit of three of the biggest conglomerates in guyana could barely cover a third of the declared cost of this resort and the owner is a bartica gold miner based on what i’ve read in the papers

in guyana royalties to guyana geology and mines commission is 5% plus 2% royalties

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