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BRIEF-Tigers Realm Coal expects to recognise write down in the range of A$145-$155 million

Published 07/09/2015, 11:05 am
Updated 07/09/2015, 11:07 am
© Reuters.  BRIEF-Tigers Realm Coal expects to recognise write down in the range of A$145-$155 million

Sept 7 (Reuters) - Tigers Realm Coal Ltd TIG.AX :

* Expected asset write down TIG.AX

* Expects to recognise write down of carrying value of in the range of AUD $145-$155 million in the 30 June 2015 half-year results

* Says primary negative impactor on the carrying value is the deterioration in forecast coking coal prices

* Says advises that the expected write-down will have no cash flow consequences

* Write-down will impact at least value of goodwill and other intangible assets recorded in relation to amaam and amaam north projects

* Source text for Eikon ID:nASX5BYJrm

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