Regarding Tax payable:"Antares intends to qualify for use of...

Regarding Tax payable:

"Antares intends to qualify for use of Section 1031 of the Internal Revenue Code. This section allows for the redeployment of capital from the completion of an asset sale of one project into another project within 180 days without the realised gain being recognised at the time of the exchange.
Antares is working with its US accountants to achieve an outcome which should result in the absolute minimisation of taxation realisation as a result of the sale of the Yellow Rose and Bluebonnet projects."

seems like mgt have this one well thought through