Ann: Company Presentation , page-12

flyingdoc ... the tax liability has been reduced soemwhat ... ie paid $33m at end of March which I think included provision tax payable for the recovery of MCC.

The balance of the headline number (~$96M) includes $28M penalties and didn't recognise the value of deductions available to offset taxes paid beyond the Copperco settlement year (2010 ??).

So my interpretation is that with exception of a final resolution on what penalties might be payable, the tax liability is fully accounted for.

And are you really suggesting that they should not disclose / treat / manage the MCC $80m as a receivable? That would seem very generous of you to simply walk away from the asset.