RE:What's the problem with this stock?I have looked more carefully at EMN’s recent financial statements and identified the following sensitive item: "The exploration and evaluation assets will be tested for impairment and then reclassified to mineral property and development assets within property, plant and equipment, once the Company has secured access to all required land parcels for the Chvaletice Manganese Project, has obtained certain agreements with customers confirming the economic viability and secured all necessary permits."
In addition, the PWC 2023 Audit Report identified a Key Matter: Assessment of impairment indicators of exploration and evaluation assets.
EMN management and PWC decided that an impairment charge was not necessary, but there is no doubt the risks are considerable which may be reflected in the EMN share price?