CCC 0.00% 0.1¢ continental coal limited

don't get too carried away, page-27

  1. 3,312 Posts.
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    I'm sure they will still have the normal taxes etc. Im just talking about how to 'think' of a BEE ownership is the same way you would 'think' of the setup behind the Resource super profit tax. I'm not saying its exactly the same.

    In terms of trying to understand the subtleties of the SA taxation system and the implications of the BEE scheme good luck. Personally I dont bother, leave that to the accountants. All I PERSONALLY need/want to know is that until BEE PAY OFF WHAT THEY OWE, its classed as CCC.ASX receiving all cash from all the assets.

    By the time we are producing from all our mines and reached out steady state, frankly I dont care if we have 50/76 or 100% of 10/12MTPA, because I can tell you, thats is worth ALOT MORE than 300 million.

    If you are going to fixate on one thing you cant control and cant understand without complex knowledge of the SA taxation system, then blow it out of proportion and start a thread about it, CCC isnt for you and never will be, simple as that.
 
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