Bloomberg analysis is showing the Adani numbers don't add up.
https://www.bloomberg.com/opinion/articles/2019-05-23/the-math-on-adani-s-carmichael-coal-mine-doesn-t-add-up
Points to the requirement to keep the project alive to avoid a massive write down on the balance sheet and keep the creditors at bay.
What are the odds of a white elephant investment of public money to keep the dream alive?
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- The Adani Numbers Do Not Add Up
The Adani Numbers Do Not Add Up
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