We should be ok, my gut feel is C1 costs will be cheap for the open pit , a merger with Great boulder or Odyssey/Monument would be nice or just got to find a mill to take the ore..
If You saw how big my gut was you would be impressed !
at the close of trading some one paid less than a 1/10 of a cent which increased the company cap by $3.5M
From the annual report looks like there is around $17M in tax losses to date , how does that work out going forward if we make a profit ?
say the profit before tax is $300 M ,and tax is 25% so 75M in tax , do you then subtract the 17M off that 75 so 58 M in tax to pay .
Or is the 17M off the 300M so taxed on 283M at 25% so 70M in tax to pay ?
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