OTCPK:NNDIF - Post by User
Post by
ZincDink1on Mar 05, 2018 4:57pm
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Post# 27663912
March 15 - new asset impairment charge?
March 15 - new asset impairment charge? Our fearless CFO can try and get another asset impairment charge in. I suspect it will be an 80 M$ impairment followed with 20 M$ depreciation. Glencore can then offer the priority shareholders $ 1 for the plant as long as we promise to buy the management a free tank of gas.
I still think the best thing to do is close this down before Glencore figures out a way for priority shares to owe money for keeping this rip off running.