Sold allMade a good profit. The reason I sold :
Values are presented on an after tax basis and assume tax loss carry-forwards associated with ownership of the Wassana field are applied only to taxes relating to that asset, resulting in no taxes payable for the Wassana field. The remaining assets are assumed by NSAI to carry their full statutory tax burden.
So they will pay 50% taxes on the Mumbala acq. Taxes loss only aplicable to Wassana.