GREY:TBTEF - Post by User
Comment by
Oldfart74on Apr 01, 2017 3:56pm
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Post# 26063322
RE:RE:Re: Canadian development expense...
RE:RE:Re: Canadian development expense... Expertchoc wrote: In the last balance sheet as at june 30, the book value of the property and equipment was 307 millions and deficit was 918 millions. According to 69(1) Act, the price of disposition is equal to the purchase price, however, the difference between fair value and the purchase price increased the loss of Twin Butte before the winding-up. At the accounting level, this deficit became 918 millions added with the last amount. A quick assessment for the all cumulative resource tax accounts should be very important, so important to the point that the buyer would like to treat after all the assets are being emerged.
Why do you continue to post accounting numbers when the actual tax pool balances are included in the sales package? Surely those are the only numbers one should consider when evaluating the company.