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Ann: Agreement to Divest South Africa Energy Coal, page-22

  1. 10,608 Posts.
    lightbulb Created with Sketch. 1243
    Happy we got this out of the way. Don't worry about the other stuff we have taken a $350M impairment charge at FY results recently and the overall value of sale would perhaps come 20% of that impairment at low end if low coal prices and mis management reign supreme.

    Lack of capital intensity, improving margins, improved balance sheet is an overall positive albeit revenue figures for FY 20 are going to take a hit.
 
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