Hi mate,
I have done already last week.
Tino replied promptly.
It’s all about the fiscal regime in Indonesia.
It’s set up so that you invest money into the country.
Capex is recoverable under a cost recovery method but if your not spending coin you get slugged with taxes and royalties a lot more. I’m looking for further clarity when I get a chance to reply.
Ann: September Quarterly Activities Report and Appendix 5B, page-32
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