Had another listen to the interview with Doc Cowden re the tax issue.
As always he's diplomatic when talking about the tax dept. However right at the start he makes the point the correspondence was received right on the 3 year review limit. Reading between the lines, sounds like the tax dept realised at the last minute they hadn't done the review, so just claimed everything being unprepared with real numbers. Much easier to make Firefinch refute the claims with facts than do an actual audit, especially if you've left it to the last minute as they seem to have done.
We seem to have a good relationship with the Government, hopefully they'll put the tax office back in their box.
The Doc does say the major issue was the gold sales which is all documented and that it'll have no impact on the company at all, but might take a while to clear up.
FFX Price at posting:
18.0¢ Sentiment: Buy Disclosure: Held
