~*~Mining and Metals Du Jour~*~

[ConferredDiligence]

Taking a look, a couple items stand out for the 2019 Q2, ouch, I'll dig a little deeper though:

For Q2'19, the Company recorded a loss of $736.7 million, and a loss attributable to owners of Turquoise Hill of $446.5 million or $0.22 loss per share. Results reflect the impact of adjustments made for the $0.6 billion impairment of the Oyu Tolgoi cash-generating unit and deferred tax asset derecognition adjustments in the period.

The Company received an automatic notice from the New York Stock Exchange (the "NYSE") on July 31, 2019 that the Company is no longer in compliance with the NYSE's continued listing standards because the average closing price of the Company's common shares has fallen below US$1.00 per share over a consecutive 30 trading-day period. The Company will notify the NYSE that it intends to pursue measures to cure the share price non-compliance. Further details can be found below, under Corporate Activities.

https://stockhouse.com/news/press-releases/2019/07/31/turquoise-hill-announces-financial-results-and-review-of-operations-for-the#UymYYKgCsXeFhBrZ.99

https://stockhouse.com/news/press-releases/2019/03/14/turquoise-hill-announces-financial-results-and-review-of-operations-for-2018