I asked a simple question why do you think they are worth 85cents and the response I got was zilch nothing, Only that you think it’s worth more.
What your missing PCI prices are coming down just take a look at the 5 to 6 yr graphs and cycles, we had our run and now coking coal, pci are headed back down.
Add on the new equipment they will purchase for $25 Million and now they are in the red.
Dyor
Ann: Quarterly Activities and Cashflow Report, page-76
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