From the final results
"Net loss for the year was $48.9 million (0.12 per share). The Company
incurred $42.6 million of non-cash losses from a foreign exchange
loss on the revaluation of future income tax liabilities. Adjusted
for this item, net loss amounted to $6.3 million ($0.02 per share)"
and
"The future tax liability arose on the excess amounts paid for the mineral properties when acquired in November 2005."..which I believe was $365m
How do you handle this sort of liability when trying to calculate a fair value for a company?
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