the total accumulated losses till 30 june 22 is $250m this is in this report. Presume increases ASIC is A$1500 and gold price drop to A$2500/oz Still TUL will b look at A$1000/oz x 50,000 oz/yr = A$50 m / year profit before tax Many years TUL will not need to pay tax this will be a cash cow
TUL Price at posting:
44.0¢ Sentiment: Buy Disclosure: Held