Great news for the AKM longs with increased rail haulage expectations but the pressure on the options due to the now somewhat skinny time frames closer to their expiration date was clearly evident today. Happy to convert the rest of mine, but a decent kick in the guts for option holders...
Railway Funding is key here especially if mgmt can wrap it up by June next year, but the oppies now are a much higher risk reward play imo.
DYOR
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