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N4longterm

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N4longterm

Re: fazlice post# 50314

Monday, 03/28/2016 9:36:06 AM

Monday, March 28, 2016 9:36:06 AM

Post# of 63744
Tied to Namoya ramp-up which did not go commercial until 1/1/2016 so it is still there. But it did decrease:

Q2 Impairment: $50 million
Q3 Impairment: $23 million
Q4 Impairment: $11 million

We should not see another one until they start ramping up a third mine.

In case I forgot to mention it above, Always Just My Opinion

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