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clock Created with Sketch. 29/09/24
13:35
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Originally posted by Bill123:
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While they still have cash and are actively exploring, this doesn't read well: revenue ... of $189.5 million from sale of multiple spodumene concentrate and lithiumfines shipments. net loss after tax of $207.0 million,including non-cash impairment of $119.6 million and onerous contractprovision of $25.2 million." So stopping operations cost at least $145 mill in the Profit and Loss in the year : (
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well continuing would have lead to a greater loss if it exceeded the onerous contract provision. The impairment would have happened regardless....
