UNV 0.00% 16.0¢ universal coal plc

Most posters who still frequent this board are here since it was...

  1. 3,312 Posts.
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    Most posters who still frequent this board are here since it was in the single figures (5s and 6s). I told you why this hasn't re rated. If you're looking for a positive pe then you have no idea of how a small fry mining company would work. Even if they had positive cash flow from one mine that would go into production of other mines or expansion of their current mine. As such the business itself would still be break even at best with no PE.

    If you can't understand what I posted, then just ask nicely and ill re explain.
 
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