FP Capital Cost RecoveryGenerally, the cost of a capital asset must be recovered over the life of that asset. This is done via depreciation or amortization or upon the disposition.
However, MMY has capital loss pool of $15.1 million US to recover most of the $20 million US cost of the FP.
This is returned capital to our balance sheet over a period of years.
Plus, MMY has $44.6 million US in forward non capital loss pools to offset net earnings .
These are very signifucant REVERSE CASH GENERATING assets that will enable MMY
to quickly build up a substantial balance sheet by recovery of nearly $60 million US from its forward tax loss pools.
Dato will make a fortune by taking Monument private .....coming to a theature near you