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1.95% 78.5¢ red hawk mining limited

658mt iron jnr!! 20mtpa ann yesterday,oversold, page-3

  1. coolamine
    615 Posts.
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    22/05/10
    21:48
    Post #: 6725662
    I don't think it is that simple, the RST only kicks in after 6% (NPBT) then a 40 - 60 split from there. Other complications is tax deductibility only claimable from gate sales on, meaning they have to sell/ship the ore before tax deduction allowed, impacting construction and set up costs deductibility. Thats basically as I (a laymen) see it. No doubt better minds could give clearer explanation.
    FMS Price at posting: 8.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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78.5¢ 		Change
0.015(1.95%) 		Mkt cap ! $156.8M
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80.0¢ 80.0¢ 78.5¢ $8.098K 10.12K

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