Crawford would not be drawn on the likelihood of impairments in the December quarter, following a question at the miner’s first agm relating to
impairments flagged in July.
He was asked by a proxy shareholder for the Australian Shareholders Assn whether a previously-deducted $3.5 billion negative reserve would continue to haunt the company and if impairments were likely in the December quarter.
“The bottom line is that while you refer to the fact that the value of the company appears...
