TSV 0.00% 0.8¢ transerv energy limited

$31 million non-cash charge, after-tax and noncontrolling...

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    • $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
 
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Currently unlisted public company.

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