Thanks Beacon.
Yes, I have overlooked the fact that a JV on Kanmantoo would be in another legal entity, and so have tax implications.
Interesting that you say:
"... to offset the tax liability of the upcoming ESG top-up windfall."
Now, I am confident in HGO receiving a top-up. But you seem to talk as if this is a certainty!
What do you base your confidence that corporate action will happen for ESG this year?
Just interested in other people's thoughts on this. I am starting to tire of hearing my own theories :)
Y
hillgrove goes it alone on kanmantoo project, page-44
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