We have to bear in mind that the MRRT is an 'additional' tax to the company tax when revenues are up in good times. I'd like to think that it's treated as a bonus payment to retire some government debt, rather than it being treated as ongoing income tp pay for recurring expenses. Sadly I don't think Swan has the financial wherewithal to figure out that it needs to pay off debt when things are good.
BRM Price at posting:
$4.90 Sentiment: None Disclosure: Held