Write off, page-43

I find it difficult to comprehend how Ansteel would be prepared to walk away from a billion plus dollar investment even if it is losing money at the moment . But it will turn round in time .Remember this one ? We will take it all ( Ansteel referring to Gindalbie's magnetite ) . And another . We expect to be paying our first dividend in 2015 .
Despite all the doom and gloom I am still hopeful that it will be salvaged over time .