Member Info for ChirpyCheep

Well if Klondyle is £654k for 2.6 km that's at least 200k ounces if it's the same grade.

Three rigs going now, should be plenty of newsflow to come.

It was a Reverse Take Over
I think Pharmanet was going bust, bit of an irrelevance.

.............doing nicely

https://www.jupitermines.com/projects/tshipi/manganese-price-information

I thought exactly the same!
Does seem to be the same old story with GGP. promises, promises,promises

Doesn't look right to me, couple of nice buys though.

Almost irrelevant , CAI is not a gold producer.
Anyway, since the launch of CAI Aussie gold has hardly moved.

Sorry not sure I agree
DR has said he sees the real value uplift from going into production, and he thinks they have the skill set to do it

That refers to individual taxation
As I said there is 10% tax within an ISA that is already deducted ie it is franked income.
Basic Rate Taxpayers pay an additional tax of 7.5 % tax on dividends, HRT's pay 32.5 %
They are saying it is tax free because if your money is in an ISA you don't pay the 7.5% or 32.5%
You've still had 10 % tax on the dividend
So still worth having an ISA to not pay the additional tax but it is not tax free

You don't because the tax has already been deducted!!

http://www.learnmoney.co.uk/isa/20-how-dividends-are-taxed-in-isas.html

Answers

ISA's are actually not tax free. Dividends received by the fund are taxable .Individuals bear no individual tax.They are mostly tax free

The same goes for Pensions ( remember Gordon Brown introducing the tax ? ) Again individuals bear no tax.

Pensions are better than ISA's because you ( as Andee has said ) get tax relief on contributions.

Pensions are also better for IHT

Pensions, if the nominated beneficiary is at the discretion of the administrator, are generally IHT free

Once you are in Drawdown mode you can actually add further contributions, so in effect getting tax relief twice, but there are some anti avoidance measures to stop people manipulating the system

Overall, generally pensions are better than ISA's

As I keep saying tax is not issue.
Let;s assume we put £58.9 in Krs via
£20k ISA this year
£20k ISA next tax year
£3.6 k Pension this year( max allowed without questions about income )
£3.6 K Pension next tax year
£11.7 into an OEIC this year
KERAS then DOUBLES
ISA will be tax free, Pension will be tax free, OEIC will be tax free through CGT allowance
ie ZERO Tax
You can double the figures if you are married
So you can invest over £100k if you are married and double your money and not pay tax, even if you have no pensionable income
So you will need some extraordinary growth or need to invest huge sums to pay any kind of tax

If money leaves an ISA there is no CGT.
Full stop.
Period.
End of.

Some of the information you put on here is far superior to anything I can conjure up.
However, in my humble opinion you are just not right when you say the CAI shares will have to be sold outside a SIPP wrapper and CGT will have to be paid.
A SIPP just all of a sudden doesn't become a non SIPP
I can't prove it for definites. However, I am an IFA who deals with pensions day in day out and I have never come across a situation like you are suggesting.

If your money is in a tax exempt wrapper eg pension or ISA there will be NO CGT
That's as sure as god made little apples.
My KRS money is in a SIPP
It's not going to be a SIPP then an OEIC ( for example) and back to a SIPP is it ?
Your investment will keep its tax wrapper regardless of the shenanigans re CAI/KRS

Sounds like it's pretty close ?

Anybody seen it ?

Yes but what is KRS worth without CAI, not a lot

I did
Asked what was the mechanism for transferring CAI shares to KRS Shareholders

Might join you next few days.
You are buying Calidus shares at 3 c
Performance shares and Togo come free!