Quote Originally Posted by soulman View Post
Maybe there is more to CSE balance sheet than meets the eye.

Shasta, you are an accountant, maybe CSE has plenty of tax losses for Sir Ron to use.

I am only saying that since CSE made no relevation of any capital gains tax on the disposal of the copper project.

CSE has $18mil of capatilised exploration expenditure - so it may be that they sell the project for a capital loss.