A couple of comments, to which your welcome to reply to or comment upon if you wish. If not, that's fine too but that decision should be taken in context of the company cold-call mailing me this morning.
1) I understand that Ecuador law states that the country takes a minimum of 51% of gross revenues from mining. I welcome the news that DMM.to would pay less royalty and no WFT (if ever applicable, because no floor level for gold WFT has been set with any company to date, I believe) but unless mistaken, the law will still be applied here and Ecuador will get its 51% minimum, one way or another.
2) My basic problem here is that I'd like to like DMM.to on this news but the company has a poor track record of transparency and the granting of these licences is obviously not the whole story. A company has every right to play its cards close to its chest, but when said company has a track record of obfuscation and disclosing minimum amounts of information without giving a clear picture of its situation, thereby disappointing backers and shareholders at a later date, it's hard to take any positive looking news at face value. Just my personal opinion of course, but I'd also confidently opine that the same opinion is held by many in the marketplace. If you'd care to give a fuller picture of the new current situation at DMM Zaruma and what the company expects to achieve in the current quarter and quarters to come, I'd be more interested in picking up this story again (because I'm fully aware that the company is severely undervalued on its potential economics).
UPDATE: Nearly five hours later...