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Netsurfer

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Netsurfer

Re: MattySR post# 40366

Tuesday, 11/03/2015 9:33:11 AM

Tuesday, November 03, 2015 9:33:11 AM

Post# of 41703
Do you know where the asset value of these 2000 furnaces is recorded....inventory? The value would be the lesser of cost or market and the cost basis is $200K +/- I believe . A sale at $100K would result in a book loss of $ 100 K per ASF.
That would be a pretty big hit to equity.....$200,000.000 !!!
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