Hi Dorge
I'm no accountant but assume this is how it goes.
Since they are funding drilling effectively through borrowing through the Merchant Drilling Facility ( Stack A joint venture), and they have to direct all revenue back into the drilling facility until the costs of a particular well is paid off, the well cost is deducted directly against the revenue so there should be no tax due until the well is paid out... once the well is paid there may be tax payable after other costs eg, corporate, finance , admin are deducted.
Cheers
Dan
- Forums
- ASX - By Stock
- BRK discussion
Hi Dorge I'm no accountant but assume this is how it goes. Since...
-
- There are more pages in this discussion • 1,790 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BRK (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.0¢ |
Change
0.001(5.26%) |
Mkt cap ! $47.72M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 1.0¢ | $70.11K | 7.086M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
42 | 27041366 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 13243503 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
42 | 27041366 | 0.009 |
26 | 17760321 | 0.008 |
9 | 4326571 | 0.007 |
6 | 2421677 | 0.006 |
7 | 2758000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 13243503 | 15 |
0.011 | 50108658 | 48 |
0.012 | 11254609 | 16 |
0.013 | 16597673 | 16 |
0.014 | 11833750 | 13 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
BRK (ASX) Chart |