Absolutely a bonus... in fact a research report I read yesterday said their forecasts had the following tax payments in their model:
FY20 - US$ 26m
FY21 - US$ 38m
Both of these are now obviously ZERO!!
So the savings already go a long way in paying for the ownership extension on RKEF 1 to 100% (at a cost of US 120m - June 2018 MOU)
Everyone with coverage on this stock is now reviewing their price targets north as this development is massively material to the bottom line...
Ann: RKEF Project to receive Corporate Income Tax Relief, page-5
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Last
90.0¢ |
Change
0.010(1.12%) |
Mkt cap ! $3.578B | |||
| Open | High | Low | Value | Volume |
| 89.0¢ | 90.5¢ | 88.0¢ | $1.171M | 1.312M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 76660 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.0¢ | 54864 | 13 |
View Market Depth
| Last trade - 15.39pm 29/11/2024 (20 minute delay) ? |
| NIC (ASX) Chart |
