Corporate - thanks for your input re my earlier post, if the capitalised exploration costs been written off relate to Marampa that is indeed not good.
However, as other posters have pointed out it is (very) unlikely that these exploration costs relate to Marampa.
Would it be possible that CFE are planning to make a large profit from the sale of an asset this year and have decided it is a good time to impair historical capitalised exploration costs to minimise tax payable on these profits?
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