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clock Created with Sketch. 02/10/14
15:24
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Originally posted by Tonik
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Hi Adl,At balance date, the Group has estimated unused gross tax losses of $152.0 million (2013: $161.5 million) that are available to offset against future taxable profits subject to continuing to meet relevant statutory tests. To the extent that it does not offset a net deferred tax liability, a deferred tax asset has not been recognised in the accounts for these unused losses because it is not probable that future taxable profit will be available to use against such losses. it is is not probable that future profit will be available to use against such losses
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Tonik--Meo management has put Meo on it`s knee`s--no farm-outs-- no producing assets--Eni hold out--no-one will jump in--Apache gone--T/O price 7c--which would be double the price now & could be triple the price --as Meo continues to head South. T/S IS WORTH NOTHING --IF NO-BODY WILL FUND IT.. 7C IS BEING GENEROUS !!As I read on another thread POTENTIAL---never makes anyone MONEY !!!
