Ann: Financial Update, page-50

All very interesting......It is my understanding that the full value of any impairment charge will not be known or made public until after the scheduled scheme implementation date on the 7th Aug 2018.

The following quotes from this mornings Financial Update are very interesting. It only includes the words likely and if, only provides estimates at this stage and will not be available until late August when the Annual Accounts are normally due. The scheme meeting is due to be held on the 18th July.

Quotes from the report:

ie "that it is likely to make a non-cash impairment" and further

"if the challenging market conditions persist a non-cash impairment charge in a $75-$100M range is likely to be recorded in the companys FY2018 Financial Statements. Final impairment will not be known until the companys FY2018 Financial Statements are finalised and audited in August 2018."

In my opinion only. Do your own research.