RE: Argentina investment1 Oct 2016 10:10
Impairments are of course subjective ,ie the Boards estimation of what their assets are worth will change
But as you notice the stabilisation seems to be accruing .At long last.
The BPAC loans are prohibitive +18% .
That`s what you get for being cash poor.
Rurelec is still an ongoing reformation.
I am hopeful the £45 million cash reserve may again (one day) be available .
The underlying strategy is to preserve the value of the Group assets, which will in turn enable all creditors to be repaid and maximise returns to shareholders.
And May