It depends, your amount is a theoretical maximum. Sometimes you have exploration success and revalue mining assets upwards. No tax to pay. Sometimes a mine is closed due to low gold prices and you revalue to the downside. No tax saved here, would be different if you bought the mine.
In Troy's case I read the remarks regarding deferred tax assets of past annual reports.
It depends, your amount is a theoretical maximum. Sometimes you...
-
- There are more pages in this discussion • 36 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)