My understanding is that they'll be only able to offset any...

My understanding is that they'll be only able to offset any loses born against the source of the income. I.e. Any carried losses from the initial phases of the creation of Goulamina. They won't be able to offset it against Morila losses. But it depends on the structure of the company entities I guess.

The the company entities were structured correctly from the outset to allow for such an outcome then there might be a different scenario. I'm not sure of the intricate structures are: Which entity holds the LLL shares, What inter-company loans exist if any, Which entities wore costs against Goualmina, How much was reimbursed previously etc.

There are some complexities around it, of course, but for a professional tax agent experienced in this space, it should be fairly straight forward.

It's not like we're a global company with hundreds of entities across a whole heap of tax regions, like a BHP, so for management to pretend like we are, they are being very misleading IMO.