More breakeven numbers

HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"

NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)

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From_Sudbury

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More breakeven numbers

posted on Apr 20, 2010 12:31PM

In my prior post, I indicated that the breakeven for someone in the 50% tax bracket getting in on a flow through at $1.83 is about $1.22.

As a matter of interest, for someone making around $75,000 and a marginal tax rate of about 32%, that breakeven point to sell is about $1.48 (-$1,830 buy in, + 32% of $1,830 or $585 tax refund, + $1,480 on sale of shares - $237 tax on capital gain)

Furthermore, for someone in the lower tax bracket of 21%, the breakeven now becomes about $1.62 (-$1,830 buy in, + 21% of $1,830 or $384 tax refund, + $1,620 on sale of shares - $169 on capital gain).