King River Copper has provided an unexpected windfall for its investors by converting some of its exploration tax losses into a $306,000 tax credit that will be passed on individually to its shareholders under the Government’s “Exploration Development Incentive.” The credit is made possible by an innovative tax scheme introduced in 2014-15 to help greenfield explorers find Australia’s next big mineral deposit
29/05/2018 - 16:08
King River secures personal tax credit for shareholders
By Matt Birney
29/05/2018 - 16:08
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King River ResourcesClosing price for the last 90 trading daysPowered by Morningstar ®
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Rank Company Revenue 82nd King River Resources $9.1m 83rd Winchester Energy $8.3m 85th Australian Strategic Materials $6.8m 86th Lepidico $6.4m 605 listed resources wa companies ranked by revenue.
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