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
Add NIC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
89.5¢ |
Change
-0.015(1.65%) |
Mkt cap ! $3.578B | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 92.5¢ | 89.5¢ | $2.363M | 2.620M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 14 | 432469 | 89.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 90.5¢ | 99551 | 7 |
View Market Depth
| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| NIC (ASX) Chart |
