Hi all, although this is my first post I've been watching this thread for years as I have holdings.
And I'm sick of this doing nothing.
So I have decided to write to my member of parliament and the Northern Territory mines department.
Personally I'd rather have the resource taken off these so and so's and book a 100% Tax loss then sit round waiting to be diluted to near no value at all.
If their are others who live in NT and are like minded please write and ring your member of parliament and the mines department to have this resource taken off these people under the use it or lose it provisions in the leases.
Book our 100% Tax loss and move on with the knowledge these people haven't gained either.
The taxpayers require a return from this resource they can't sit on it forever.
CMR Price at posting:
15.0¢ Sentiment: Sell Disclosure: Held