GREY:HRIVF - Post by User
Comment by
uncovereron Aug 14, 2009 7:38pm
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Post# 16220922
RE: IMO, total BS
RE: IMO, total BS
Novel creative accounting by the new CFO ?.Who appointed him ?
Hmmmm - huge write down of Prognoz ?? as Prod 05 says without any feasibility write down assessment !! / currency exchange loss issues ?? - sig.cost increase in one qtr of per gold ounce produced.
Methinks we have a clearer idea why the old ist qtr profitability CFO was replaced ?
HRG / Severstal positions itself on the teetering edge of financial standards/regs as it refinances through another share dilution ( as Severstal calls their HRG held debt in exchange for shares and a greater ownership position) ?