Ann: North Pratt coal mine investment ready to pr, page-5

  1. 1,901 Posts.
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    re: Ann: North Pratt coal mine investment rea... its hard to move on from old losses and I still look back on occasion to see whats going on.

    I think the best thing they could have done is return the cash to shareholders when they canned ATC.

    I sold out at 3.1c on the morning it was canned and that was basically cash value at the time.

    One of the golden rules in investing is invest in something you know very well. I suspect they are out of their depth with this coal investment despite the use of consultants and at a best case scenario it is a distraction from their core business.

 
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