Ann: Non-Cash Asset Impairment, page-29

Most of the old broker reports value Deflector at about $120m. Add the debt and DRM is probably now above their valuations if you remove Andy Well.

Not surprised that morale at Andy Well is low. The U/G grades have been underperforming for quite a while.
With a coupe of 100k of resources, Andy Well should have been able to keep going, but alas unless we see a serious jump in the POG over the next 12months, I wonder if it would be best to just shut up shop, or.. sell it, maybe others can do something with it.