All profits this year are taxable. All tax losses were used up last year, hence why there is around $170m of tax to pay in relation to the 2022 financial year.
They state they are only start paying tax in Feb, but that is when they will pay the $170m tax from last year, and also provisional tax for the current year.
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- Ann: December 2022 Quarterly Activities Report
Ann: December 2022 Quarterly Activities Report, page-132
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