bungalowbill ...
This gives a bit of background into how the Doutchs became millionaires: https://www.ato.gov.au › pdf › rdr_2016fcafc166 ...Still pretty much the same... prospecting, drilling companies, floating exploration companies, providing drilling and mining related services to those companies, all perfectly logical progression and legal.
GoldValley is now going to mine the "Wiluna West John William Doutch" Iron Ore Resource at Willuna, the source of $10million for Doutch.
(2 Dec 2016 — FEDERAL COURT OF AUSTRALIA. Doutch v Commissioner ofTaxation [2016] FCAFC 166. Appeal from: PFGG v Commissioner o f Taxation [2015] AATA 972).
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