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Re: norkel post# 1239

Wednesday, 12/16/2009 7:38:52 AM

Wednesday, December 16, 2009 7:38:52 AM

Post# of 7206
"Court documents show the company listed $1.6 billion in assets and $1.2 billion in liabilities as of Nov. 30. Tronox sought bankruptcy protection to address legacy liabilities incurred when the company was spun off from the Kerr-McGee Corp. in 2006. Tronox said the environmental remediation and litigation cost liabilities were an obstacle to financial stability."

Why is the current market cap only $24mil?
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