What I don't get (and this is pretty far fetched) is why some creative accounting types within BHP do not absorb the APG technology for DRI and build a plant on the site at the BHP Billiton Boodarie iron plant at Port Headland and thereby capture all the disputed tax losses that they are fighting the Aust Tax Office about at the present time. Lets see......Tax bill is approx $400 million (without penalties ) and that alone is 66c per APG share X 38 % ( co tax rate ) = 25 c per share.
Tell me I'm dreaming !
APG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
