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Bullboard - Stock Discussion Forum Kincora Copper Ltd V.KCC

Alternate Symbol(s):  BZDLF

Kincora Copper Limited is a Canada-based mineral exploration company. The Company is engaged in the acquisition and exploration of exploration and evaluation assets. It is primarily focused on the copper-gold discoveries in the gold rich porphyry regions of the Lachlan Fold Belt (LFB) of Australia. The Company projects include Trundle Project, Fairholme Project, Cundumbul Project, Northern... see more

TSXV:KCC - Post Discussion

Kincora Copper Ltd > some one explain the loss of 32.2 million canadian $ loss ?
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Post by yogiseer on Aug 16, 2021 1:55am

some one explain the loss of 32.2 million canadian $ loss ?

can someone explain the loss of the $32,000 000 (canadian) ? 

was thinking about investing this company and now having second thoughts... 

Please advise me on what that write off of a exploration contract was and why the reported loss of 32.2 million $ in 2020.

Many thanks.
Comment by wawahunt2 on Aug 16, 2021 7:54pm
My understanding is it's years of carry forward losses... 
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