Ni, Co, Cu, PGM, Au Properties in Ontario Canada

Producing Mines and "state-of-the-art" Mill

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Message: Indep Committee

Could someone please explain to me this "impairment of assets" as it relates to Redstone? Is Redstone written down only because it is currently uneconomic (due to current price of nickel)? If so, what happens if nickel goes back up to $10 per pound? Would you then write that asset back up?



Thanks.



-- R.

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