Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

ARPETROL LTD V.RPT

"ArPetrol Ltd is engaged in the exploration for and development and production of oil & natural gas, and also provides natural gas processing services for third parties in Argentina."


TSXV:RPT - Post by User

Post by DocPaton Mar 27, 2014 3:05pm
210 Views
Post# 22377731

Tax Pools ..

Tax Pools ..
Aside from the value of the proven non-producing value increase buy way of the price of natural gas nearly doubling since their acquisition of the asset, the tax pool that this company has after drilling the 0 million dollar hole in the ground are huge .. something around 20 million dollars I would guess. This means that a company can shelter 20 million dollars of income before being taxable. That is an additional asset that is significant to a company acquiring RPT.

This is assuming that Argentinian tax law is similar to Canadian tax law.


Do Your Own Due Dilligence

Doc
<< Previous
Bullboard Posts
Next >>