BOE 6.14% $3.82 boss energy ltd

Ann: BOSS COMPLETES ACQUISITION OF HONEYMOON URANIUM PROJECT, page-25

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    Snakey yes the $160m that we now own was the debt that U1 loaned to the subsidiary U1 Australia. This is now owned by Boss so it now means that U1 Australia doesn't pay any tax until the loan is repaid or Boss doesn't pay tax until it's made $160m!!!
 
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