PMT 10.2% 48.5¢ patriot battery metals inc.

Speculation PMT may be an acquisition target for PLS, page-92

  1. 1,375 Posts.
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    Haha. I live in Prague in Czechia. The best part is not having to keep receipts you just claim a set 40-60% deduction depending on profession. The marginal tax rate isn't high anyway only around 20-25%. So yeah it's a really friendly place to live on the tax front once you learn the rules and play accordingly.

    But my ex could in fact claim 21% in allimony for my 3 year old though if it's a cash offer because they recognise cap gains only as regular income for the 3 years so I need to make good decisions around the tax code. A big cash payout within 3 years is potentially a killer for me for that reason. My profits here are multiples of 6 figures already as a reasonably early PMET holder so I will be gutted if I have to give her 21% of that. All of my ADT shares are almost at 3 years so yeah...tax free living soon that will never appear on a tax return in the family court for her to see. I would've sold more of them to buy even more PMT if it weren't for the 3 year rule.

    As to the spin off of CV-5, 1, 4 & 13...i think that is also a strong possibility in a PLS deal. Who knows what creative scenarios they would come up with. Could even be a new entity for the ongoing exploration with PLS as a major holder structured in any deal or a farm-in. I am quite certain the likes of Cranston, Tolga etc etc who are looking at tax concerns in numbers I can't even imagine would be positively predisposed to scrip above cash. There's a lot of large early PMET holders sitting on extreme profits in short periods of time looking forward to not just the big pay day but to keeping that money themselves and not give half to the ATO or Canadian equivalent.
    Last edited by seventhseal: 06/06/23
 
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