tax implicationsim relatively new to the stock, but have taken a position out of what seems to be a strong liklihood payment will be made. The fact that the BOD is looking to pursue a play in Africa is concerning......(I could have sworn the A stood for Alberta).
But im wondering if anyone has done on the math on the tax implications of getting a one time payment from the gov'ment. Im guessing all of these Clearwater expenses had offset revenue and income tax (if they ever had a profitable year?).
Other then that, it looks like the market is pricing in a 50% chance of getting the money...... or a 100% chance of getting the money, and a 50% chance of the BOD quickly wasting it chasing heavy oil on the wrong side of the planet :)