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18:13
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Originally posted by kiwisteve1968:
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In my opinion these are good results , the company has generated very good cashflow this season while investing in facilities that will enable another year of 50% growth , we finish the season with net +ve cash and a stockpile of mined coal worth about 2/3 of the companies market cap, crazy , next year we should see ebitda of around 40 million usd and further investment in the growth of the company , we now have a fully functioning mine a fleet of mining equipment and a port and barges, as well as massive reserves of very high quality coal that will be cheap to get at ... Sberbank who are Russias largest bank are happy to lend almost half the market cap on decent terms so I think over time they will finance the new mine development along with cashflow from current mine and we can just keep production growing and costs falling and the product selling at better prices, whats not to like ....
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Originally posted by kiwisteve1968:
↑
In my opinion these are good results , the company has generated very good cashflow this season while investing in facilities that will enable another year of 50% growth , we finish the season with net +ve cash and a stockpile of mined coal worth about 2/3 of the companies market cap, crazy , next year we should see ebitda of around 40 million usd and further investment in the growth of the company , we now have a fully functioning mine a fleet of mining equipment and a port and barges, as well as massive reserves of very high quality coal that will be cheap to get at ... Sberbank who are Russias largest bank are happy to lend almost half the market cap on decent terms so I think over time they will finance the new mine development along with cashflow from current mine and we can just keep production growing and costs falling and the product selling at better prices, whats not to like ....
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steve, MM and agent, Can I borrow your words to do a bit of promotion on twitter. I can refer to you if you prefer or just copy with my name on it...or not.
(20min delay)