CAI 0.00% 11.5¢ calidus resources limited

Ann: Mining ramps up ahead of 1st production in June quarter 2022, page-20

  1. 2,339 Posts.
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    Yeah the government's change to allow instant asset write off for companies like us, not just small businesses, was a massive win and probably something that has flown under the radar a bit. It will have a significant postive effect on a stack of financial outcomes such as NPAT, earnings per share, cashflow, payback period/debt reduction, IRR etc.

    You add this to the fact we got our development costs and LNG prices locked in before inflation started and we had been very well blessed, dare I say lucky, with our timing.


 
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