Dec 24 (Reuters) - St Barbara Ltd SBM.AX:
PAPUA NEW GUINEA INTERNAL REVENUE COMMISSION DELIVERED CORRESPONDENCE TO SIMBERI GOLD'S TAX AGENT
ST BARBARA AND SIMBERI GOLD REJECT IRC'S ARGUMENTS THAT UNDERPIN ASSESSMENTS
CONFIRMS ASSESSMENT WILL BE APPEALED WITHIN 60-DAY APPEAL PERIOD.
IRC CORRESPONDENCE CONTAINS ASSESSMENT OF ADDITIONAL TAXES, INCLUSIVE OF 200% PENALTY IMPOSITION, PNG KINA (PGK) 523 MILLION
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