GXY 0.00% $5.28 galaxy resources limited

Ann: 2020 Annual Report, page-19

  1. 13,662 Posts.
    lightbulb Created with Sketch. 8290
    That's better.
    Still, US$60M in reduced tax liability is nothing to sneeze at!

    Although, I am confused as to why they would say this, or perhaps what they specifically mean by this:


    https://hotcopper.com.au/data/attachments/3096/3096781-fe8210ebc1cd778882cc99746cd6c706.jpg



    It seems pretty clear to me that we can expect some serious income from Mt Cat over the next few years...?
    Perhaps there is some interim benefit in pleading "uncertainty" in relation to this, and thereby making this statement?

    @Dancing
    iirc you are an accountant and can perhaps clarify?
    Or anyone else!?
    Cheers
    Last edited by GCar: 16/04/21
 
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