Nightstalker,
RE the $120m loss, $137m of this was due " mainly as a result of the US$133M (post-tax) impairment cost associated with the write down of the Kayelekera Mine assets that occurred in the previous quarter ended September 2011. The write down was considered necessary as a result of the reduction in uranium prices post Fukushima"
IMO, I'm more concerned about cash profits coming from their operations than impairments from past events...
when will they learn?, page-8
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