KCN 3.34% $1.86 kingsgate consolidated limited.

Yes but you'll also be aware of the $343M deferred tax assets in...

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    Yes but you'll also be aware of the $343M deferred tax assets in the FY21 accounts that will offset any reversal. It was in 2016 that Chatree was written down to nil from $226M.

    I suspect with the material increase in POG and JORC will may in fact struggle to get the auditors to agree we can stay under the above figure. But then again we don't yet know the cost base and whether any concessions/incentives have been granted for the first 10 years of restart. I strongly suspect this will be the case


 
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