The tax losses are gone now...there is a test for continuation of business that needs to pass for the tax losses to be valid.
Seeing as the assets causing the loss have been stripped out of the company the losses by my reckoning have evaporated.
One real silly reason why the asset sale was mooted. Once the LN metals issue disappeared the merger shouldve been back on the table for the simple reason to preserve the tax losses.
But obviously there was some other reason that us plebs werent aware of driving the rationale.
Have other shareholders recieved their SLR script now?
PRH Price at posting:
52.5¢ Sentiment: None Disclosure: Held
