Ann: Market Update, page-27

I seem to recall the cost base for FFX holding is 34c a share (or near that), so there is a profit.

I have mentioned a few times that continuity and same business rules apply in regards to losses.

An investment in another company (regardless of its business) is not the same as operating a gold mine overseas, so using losses against gains may be limited or not allowed.

It is a bit like CGT losses. You cannot claim them against income, but can offset against gains.