Well, I'm certainly getting some food for thought here. 043110 might be MLX accounts, and has good insight from the coalface so to speak. Ta. Recognising costs early is a common thing if it reduces tax in important periods for cash flow. But then if you saw quite a few very rich peoples tax returns you would think they were going to have to go to the Salvos for a handout.
I think those of us on this thread now have a better idea of the stack of tax shelter available for a while to Renison op. as it gets into Area 5 And 51. This will be very handy.
I am very rusty on who owns tax losses in a sale transaction. Had some idea that it was whoever owned the mine "wot did it". Looks like not necessarily so. CYM has not said anything I recall.
Hey, they look like bringing Maroochydore on stream with an open-cut and heap leaching operation? These guys really know how to squeeze the juice.
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Well, I'm certainly getting some food for thought here. 043110...
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