FEX 2.50% 39.0¢ fenix resources ltd

Ann: Quarterly Activities Report, page-19

  1. 221 Posts.
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    mrposhman,
    You make interesting comments, but the AUD 3.8 million Company Tax Instalments would be deducted from FEX BAS Monthly Statements.
    As there is no GST payable on FEX Income (all exports), but FEX is still entitled to receive Credits on GST on their expenses, which should be sufficient to cover AUD 3.8 Million over 3 months.
    Also, with this Company Tax Instalments payable on their BAS , should be sufficient to make FEX Franking Credits in accordance with their Dividend Policy.

 
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