PLS 6.59% $2.41 pilbara minerals limited

Good News & Bad News, page-36184

  1. 2,851 Posts.
    lightbulb Created with Sketch. 1312
    No you are wrong.

    Balance sheet at 30th June 2023
    Current tax liabilities outstanding $773,347M
    Deferred tax liabilities outstanding $121,369M

    Since then they have stated that they paid $116.3M as per the September quarterly report so they still have $657,047M of current tax liabilities to pay, $121,369M of deferred tax liabilities to pay (at some point) plus whatever tax liabilities they have incurred from the net profits 1st July 2023 to date.

    So unless the tax office have sent them a letter saying merry xmas we have decided to let you off paying most of your outstanding tax those current tax liabilities will likely have to get paid before 30th June 2024.
 
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