Hello. Below is an example of the Botswana formula (using Motheo...

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GKeden

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18/10/24

14:54

Post #: 76189954
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Originally posted by stahkS123: ↑

Sandfire reports their tax rate on the Motheo mine in Botswana as 22%.

The Group’s underlying effective tax rate in FY25 is expected to broadly reflect the statutory income tax rates of the jurisdictions in which weoperate, namely Spain (25%) and Botswana (22%)(i), however the Group’s underlying effective tax rate will be impacted by the limited abilityto recognise benefits associated with tax losses in Australia (following the cessation of operations at DeGrussa) and the USA(pre-development phase).(i) The minimum tax rate for mining companies in Botswana is 22%. Once all carried-forward tax losses are utilised, mining profits will be taxed according to the following formula: 70% -15% / (Profitability Ratio). The Profitability Ratio is calculated as taxable income divided by gross income.

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Hello. Below is an example of the Botswana formula (using Motheo result of $354 revenue vs $179 EBITDA. The depreciation i made up). The higher the EBITDA the higher the tax.

CBE Price at posting: 8.1¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 4.2¢		Change -0.004(8.70%)		Mkt cap ! $18.17M

Open	High	Low	Value	Volume
4.8¢	4.8¢	4.1¢	$33.92K	752.2K

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No.	Vol.	Price($)
3	125302	4.1¢

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Price($)	Vol.	No.
4.6¢	73869	1

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No.	Vol.	Price($)
3	125302	0.041
4	231186	0.040
4	475426	0.039
6	1561529	0.038
2	320270	0.037

Price($)	Vol.	No.
0.046	73869	1
0.047	100000	1
0.048	149705	1
0.050	210880	3
0.051	100000	2

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Hello. Below is an example of the Botswana formula (using Motheo...

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Hello. Below is an example of the Botswana formula (using Motheo...

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