"Does anyone no how long it will take to burn A$717,731?"
Not long Thatsgold, a few months at best.
As usual the announcement has a few insinuations of good things to come but INL always do this and as always it will probably have no follow through.
Remember the spin Summit put out about the Chinese branch when it was opened opened up.Not one positive after all this time has come out of China.
Even if shareholders managed to get rid of Wood, the damage has been done and there is only one conclusion that I can see.
Hopefully they can hang on until this tax year has ended and we can use the loss against next years gains, if they come.
Ann: Appendix 4C - December 2008 , page-3
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