The Argentinean fiscal/financial year just ended in Dec 2018
The POSCO money, ($271,000,000) was given to Galaxy in Feb. 2019
The current, Argentinean fiscal/financial oncoming year will end in Dec 2019, (10 x months from Feb.2019)
So,
If Galaxy can work out how much tax they may otherwise pay on the $271,000,000 during the Argentinean fiscal/financial, (oncoming) year ending in Dec 2019.
Then Galaxy would then spend $ on Sal De Vida, (during the next 10 x months) to attempt to retrieve as much of this tax, that may else-wise be due in the same Argentinean fiscal/financial, (oncoming) year ending in Dec 2019.
As far as an example goes - does the above look right?
Isn’t this also similar to what is done in Australia?
GXY Price at posting:
$2.17 Sentiment: Buy Disclosure: Held
