Alumina Ltd (OTCPK:AWCMF)

$ 1.02 0 (0%) Market Cap: 3.23 Bil Enterprise Value: 3.52 Bil PE Ratio: 0 PB Ratio: 2.28 GF Score: 40/100

Full Year 2018 Alumina Ltd Earnings Call Transcript

Feb 20, 2019 / 11:00PM GMT

Release Date Price: $1.82

Transcript

Operator

Thank you for standing by, and welcome to the Alumina Limited Full Year Results. (Operator Instructions)

I must advise you that this call is being recorded today. And with that, I'd now like to hand over to your first speaker, CEO, Mike Ferraro. Thank you, please go ahead.

Michael Peter Ferraro

Alumina Limited - MD, CEO & Executive Director

Welcome to Alumina Limited's results presentation for the 2018 full year. In this presentation, all references to currency are US dollars unless otherwise indicated.

Before discussing our company's results, I would like to acknowledge the recent distressing dam failure tragedy in Brazil.

AWAC had already commenced in the second quarter of 2018 an external review of our tailings and residue facilities, and this is due to be completed this quarter. The appendix contains details of our tailings and residue facilities.

At this stage, it is too early to say what impact the recent Brazilian government decision to decommission all upstream dams by 2021 will have on these facilities.

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