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Bullboard - Stock Discussion Forum Champion Iron Ord Shs T.CIA

Alternate Symbol(s):  CIAFF

Steel Steel
Champion Iron Limited is an Australia-based iron ore exploration and development company. The Company, through its wholly owned subsidiary, Quebec Iron Ore Inc., owns and operates the Bloom Lake Mining Complex, located on the south end of the Labrador Trough, approximately 13 kilometers (km) north of Fermont, Quebec. Bloom Lake is an open-pit operation with two concentrators that primarily... see more

TSX:CIA - Post Discussion

Champion Iron Ord Shs > Re:q1 earnings est. You have to knock off 38% for taxes
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Post by drunk@noon on May 07, 2021 12:26pm

Re:q1 earnings est. You have to knock off 38% for taxes

T'ax rate is obscene.
Comment by Thumb1972 on May 08, 2021 2:20am
You're making money if you're paying tax. Very happy with how Champion Iron continues to play out its strategy and looking forward to the forth Q and annual results.
Comment by Tothemoon2 on May 09, 2021 5:33pm
How do you get the 38% rate?  I see corporate tax rate is 30% in Austrailia.  Is Canada collecting a tax too?  Aussie dollar to Canadian dollar to a US dollar investor is making my head hurt.
Champion Iron Ord Shs
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