RE:profit taxAgain, you only give enough information to be dangerous. The profit tax is actually 15% but there are many elements to taxing the O&G industry here in Canada. First is the royalty. The royalty tax varies depending on viscosity, depth and the age of the well and royalty tax can be anywhere from 0-40% for wells that produce more than 118 bbls/day. The second difference is in the eligible deductions. CDE is deductible at 30% per year, CEE is 100% ( discretionarily ) and COGPE is 10% per year versus a "cost pool" that BNK uses. So one can't really draw too much of a comp between Canada and Albania. In fact Albania has been pretty generous by some comps. In any case, that's the deal they struck and of course the available funds to finance is completely different as well. In Canada there are flow -through shares that help Canadian cos. quite a bit. In Alb not so much, so the frame work has to be different understandably. I am not a C.A but I can assure you the taxation for O&G cos here is way more complicated than in Albania. What's more BNK is the only co. eligible to pay anything , so you can imagine it will be a work in progress that's for certain. I'm pretty sure they are working on that very thing as we speak.