Re your query on using tax losses, the process normally used in Bathurst's situation would be for BT Mining to make a subvention payment to Bathurst. This is a cash payment that is tax deductible to BT and assessable to Bathurst. It would of course have to be signed off by Talleys, but would be the way to get cash into Bathurst without incurring any tax or receiving dividends which have tax deducted.
BRL Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held
