SYR syrah resources limited

General Discussion, page-628

  1. 355 Posts.
    lightbulb Created with Sketch. 49
    Yep good point. Devil in the detail I guess. How is the term tax credit at work here? If it's basically as good as a cash refund to pay for the construction outlay then great, we'll take that upfront no questions asked.

    I was reading it at face value. A credit on tax payable on future sales/revenue/profit. Which we don't have yet.

    So a deferred usable credit on future sales is as good as extra profit down the line once we're shipping to tesla
 
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