LTR 4.35% 77.0¢ liontown resources limited

Hi @ChocolateTeapot,The tax rate I've used is 30%As @Goldilocks...

  1. 76 Posts.
    lightbulb Created with Sketch. 1374
    Hi @ChocolateTeapot,

    The tax rate I've used is 30%

    https://hotcopper.com.au/data/attachments/4103/4103802-a80ea4a9165df5c0b0a0e876e6aacb58.jpg

    As @Goldilocks pointed out, my calculated tax is higher than LTR's DFS and DSS - which I believe may be due to accumulated tax losses at the commencement of the operation but I decided to omit it from my calculation as it would materially distort the tax payable for the project if I went and extrapolate based on the lower tax rate; this can be as much as approx $1.3B (DFS Scenario) or $1.7B (Integrated Scenario) at the 90% price increment level.

    I did however, extrapolated the royalties as it is usually based on mineral concentrate/metallic value.


 
watchlist Created with Sketch. Add LTR (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.