LGL lynch group holdings limited

whats a production levy

  1. 1,252 Posts.
    Hello all,
    Im doing some research on LGL and was stunned to discover that their gross cash costs have rocketed from $547 (Q4 07) to $722 in (Q1 08). This is reported in their latest quarterly financial report (see page 8), and comes before a footnote that says 'Gross cash costs have been restated to include production levy introduced in 2007'.

    Do any posters here know what a Production Levy is? Ive asked the company via email for a response to this question. All of a sudden, having run some numbers on estimated future production, LGL aint looking that attractive anymore...
 
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$1.80
Change
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Mkt cap ! $219.1M
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1 5714 $1.75
 

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Price($) Vol. No.
$1.81 12500 1
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Last trade - 16.21pm 25/07/2025 (20 minute delay) ?
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