Ann: Appendix 4E and Annual Financial Report, page-7

  1. 209 Posts.
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    @Zissou Meh, it's just a fair value adjustment based on assumptions that Cyprium won't be able to pay the note. It has no bearing on the production/performance at Renison, has no bearing our current year cashflows and has the advantage of reducing the tax expense and preserving the DTA. Hopefully next year we see a fair value gain on those same financial assets if Cyprium manages to pay the note.
    Last edited by RookyKid: 29/02/24
 
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