If it were not for Sprint Capital (who injected tens of millions of dollars) Stanmore would be gone - long ago. It like the others is in for slow death unless:-
1.someone can throw a project into it
2. diversify like some other coalers
3. Chinese take it over for 50-100% premium
Suggest for anyone interested in SMR or holding to have a good read of the announcement below made 28 June 2012 and how it will all affect them.
Still $18m in the bank and plenty can be done with that outside of coal.
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