Hi GF,
I am not 100% sure of this but I think all tax losses associated with Eloise were extinguished when Barminco took over the mine.
When BRW receives the cash it is 'tax paid' (ie 30% has already been taken off) hence they do not pay tax on it again when they report it in their own results
Cheers
James
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Hi GF,I am not 100% sure of this but I think all tax losses...
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