This is more or less the advice I’ve received from the company - at least in respects of the losses flowing to the parent. Agree on the point re tax losses you can see they grew from $229m to $254m over 2020 financial year and that $25m increase is the 30% on ~$80m loss incurred during that financial year.
In any case this thing will print next year with no nifty burning a hole, capex at Area5 sunk, into high margin ore with tin prices rocking... and no tax payable for the foreseeable future.
Tin price, page-99
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