the downstream part NORN is on page 12. Does $555M in rev and $60M profit annually. They are selling this. That should bring in $300M I say. http://investor.norandaaluminum.com/phoenix.zhtml?c=220051&p=irol-presentations $700M in rev will be left with NORN as an alumina manufacturer. creditors don't want to lose the $300M in NOLS so they will let the common stock stay. The first $300M in profit will be tax free and the creditors will get paid back much faster.