[Presidency] Gold Mine Payment

Day 2,016, 03:38 Published in South Africa Romania by Ejdatful
Dear South Africans,

As you know, Plato launched a gold mine initiative. We all have fought hard for it and succeeded to hold the mine in eSA. eSouth Africa and eBR have reached an agreement regarding the usage of the gold mine.

Here is the details :

Brazil made 7153.96 gold when the gold mine collapsed.

-The split is %60 Brazil / %40 South Africa

-South Africa 40% = 2861 Gold --- Brazil 60% = 4292 Gold

-South Africa's gold in country accounts was 81.03 of which 4 gold was South Africa's gold when we obtained the mine.

81 gold -4 gold = 77 gold 60/40 split is Brazil 46.2 gold and South Africa 30.8 gold

As we already have Brazil's split of that gold as it was in our country accounts the Brazilian portion 46.2 gold would be deducted from the gold payable to us from their country accounts.

So from total from Brazil payment to South Africa 2861 gold - 46.2 leave a balance of 2814.8 gold left to pay South Africa

These were the gold mine agreement details.

http://www.erepublik.com/en/main/law/Brazil/127591

They transfered the gold to RBSA and the gold is being converted into currency.
( http://www.erepublik.com/en/economy/citizen-accounts/1214517 )

Let's talk about distributing the gold. As we discussed on eSA forums, I proposed that each certified citizen and honorary citizen of eSA would get 5 gold and nobody disagreed with me.
We are about to start a google doc and I'll let you know when it is done. Each certified citizen and honorary citizen of eSA will get their 5 gold in a few days.


P.S : Many thanks and respect to Lorenzo and his government for following the agreement details. Appreciated.


Ejdatful
Country President of eSouth Africa