is is it that much of a dog though? Based on the published outlook, SRL will produce revenue of $215-220m this year against a cash cost of production of only $125m. Even after you take out Capex of $30m, it looks like it will turn the corner in 2020. There question therefore is why is there a need to write it down ?
Ann: Community disruption at Sierra Rutile Operations, page-3
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