No but it is April 1 this week. Maybe the 1.5b was a leaked April Fool story ......... ??Is it April 10th yet???......
No but it is April 1 this week. Maybe the 1.5b was a leaked April Fool story ......... ??Is it April 10th yet???......
I was talking about the company tax on sale of the assetStupid low ball shit but the tax outcome (whatever the sale price) will vary from holder to holder depending on how it's held, where it's held, personal circumstances, income levels, size of holdings (so resulting potential profit size), whether it's a share sale attracting CGT rules and possible 50% discount etc etc
But prima facie 67.5c is just fucking bullshit and I agree nowhere near commercial enough to get shareholder suppot
It's all just games.Jeeze feel like we are in a gangbang.
Getting fucked by everyone, even our own countrymen.
Just goes to show the significance of the resource.
More games.So now I'm down a rabbit hole on Royalties thanks to RIO and the Australian and a US Special Envoy![]()
Yes.Look actually the real question is,
Will we reach 3000 pages of thread before a deal is cut?
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Maybe as compensation for the north.$0.675 AUD per share + royalties.
Sounds like we get royally screwed, I really hope that's not true. I would rather go to court.
Is this RIO buttering up a lowball offer?
Maybe this is what RIO has put forward, but I really hope NF isn't entertaining this.
1.5bn. Don’t bother sending anyone to the DRC Nigel. You can tell them to get fucked just as well over the phone
GotchaI was talking about the company tax on sale of the asset
I'm aware of the various personal tax implications
There has been some talk of DRC waiving it but that seems extremely unlikely given the constant accusations of speculation over the years and even if we sell through GLH (unlikely because of Dathcom shares being tied to AVZI under affiliated company rules in Dathcom JVA) or AVZI there will still be company tax payable to either Singapore or Australia imo
With or without the tax it's a jokeGotcha
Yeah saw it was 30% tax but wasn't sure if that was DRC tax, Oz Corp tax rate or a bit of an "average" for say a personal shareholder
Would like to see some tax relief in any deal but how that would be done (or could be done) I don't have a clue![]()
Royalties are a rabbit hole well worth exploring. Clive Palmer once creamed the chinese for $400m pa for LOM lol.So now I'm down a rabbit hole on Royalties thanks to RIO and the Australian and a US Special Envoy![]()
Absolutely unacceptable—what an opportunist