fundamentals , page-25

By the way Aus, just picked up on your point "we don't pay any tax on inputs for the duration".
Didn't know that: do you have a reference?
I'd assumed that, at the very least, we'd have to pay tax (and royalties) in Aus on the value of the concentrates we produce. With offsets for depreciation on the infrastructure costs etc of course.
In other words, I'd assumed we have 2 profit streams; concentrate in Oz and final product in Malaysia. I also assume we can't take the piss and sell the concentrate to Lynas Malaysia at $1/tonne.
I realise what I'm suggesting would still leave the biggest proportion of the profits tax-free but hope others have a better handle than me on the details....
Any comments by the better informed??