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0.00% 0.8¢ transerv energy limited

News: TSV Transerv energy says 2017 work programme for Warro JV has been approved, page-5

  1. kwonitoy
    46 Posts.
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    06/01/17
    11:11
    Post #: 21717617
    • $31 million non-cash charge, after-tax and noncontrolling interest, to impair Alcoa of Australia Limited’s (AofA) interests in a Western Australia gas field. AofA determined that the completed exploration activities do not support the current carrying value.
    Looks to me like their taking a writedown and walking away
    TSV Price at posting: 0.9¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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