I think we will have some tax losses to carry forward initially that will help with earnings after tax.
With regard to the NPV it sounds like you have worded it incorrectly.
The NPV for 100% of the project has dropped from 736 to 613 pre tax but we only had 75% of 736 = 408 and now have 613 so ADNs NPV has increased.
Ann: Great White Kaolin Project - Definitive Feasibility Study, page-425
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0.6¢ |
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Mkt cap ! $20.57M | |||
| Open | High | Low | Value | Volume |
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|---|---|---|
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| Price($) | Vol. | No. |
|---|---|---|
| 0.7¢ | 8773977 | 21 |
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| ADN (ASX) Chart |