Beacon,
Yes, I hadn't forgotten about the tax bill.
But as you say, there will be large offsets from the expenditure this financial year, on Kanmantoo, and Indonesia.
With a capex bill for the project of another $98m, with quite a bit of that to be spent this half no doubt, that is a lot of offset.
so, I am expecting very little tax to be payable for the 20092010 fy.
The settlement date on ESG was no accident :) HGO know what they are doing.
Y
hillgrove goes it alone on kanmantoo project, page-41
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