Upcoming Ambatovy losses? When Ambatovy is deemed operational for accounting purposes Ambatovy will likely incur losses due its below capacity operations and the current low Ni and Co prices.
S will be required to recognize their 40% share of the losses and this may dramatically reduce S profits.
WOULD SOMEONE PLEASE CORRECT THIS THOIUGHT AND help flesh out the parameters of when the pick-up of the Ambatovy losses start. how large they might be and any views on what this might do to S's share price? thank you for any help.