RE:RE:Massive loss due to $44 million of unpaid taxesIndeed it's good to take a step back from the phool's stinking pile of bbee eess. The invoice has surely already been served, which is what forced them to formally record a liability for unpaid tax. This is not the first time the company has tried to stiff one of the poorest countries in the world by not paying their taxes. And how is their record of negotiating deals with the government? (Not to mention the establishment agreement in Guinea, which they are still unable to negotiate - hence no financing and no mine.)
Incredibly, the phool is now trying to deny the announcement of the mine closure as an auditor's trick to reduce taxes. Well if that's really what it is, the Mali government will know what to do about that, won't they? In any case, the government will make sure they get their money before the company tries to slip away leaving their debts behind. Even if they have to send the army to pick up the gold directly from the mine (yes, it happens for real).
Btw, the impending mine closure is possibly the main reason for the temporary cash flow (besides not paying their taxes) - the company is avoiding all but the most critical maintenance, knowing they are planning to walk away from a non-viable mine.