@drs have to understand how bulk miners work. bulk mining is...

@drs

have to understand how bulk miners work. bulk mining is cash intensive - thats why so many assets were left stranded after 2013 price collapse - many of those companies disappeared never to be seen again

so now market is leary of the space

thats why having a major investor with ability to help fund and push is a big deal - market tends to progressively re-rate the developers only when they've shown an ability to get that required financial backing

why Atlas was sitting at what 2.1c - until Twiggy and Gina got into their bidding war

the other part of it is probably the simple lack of awareness of metcoal prices.

its never reported anywhere that i see - back in 2010-11 i used to read about quarterly settlement prices pretty regularly

so id probably say this is what is called contrarian investing - buying when there;s no froth around

your comments suggest you're looking for explosive moves.

if i had to guess i'd be thinking AKM is in for a long slower steady upward re-rate - unless something big uplift in metcoal prices occurs or something else puts the sector back on the front page

the end game is colossal - esp with the rail carry option. but imo mainly for the patient.

when the traders are excited thats when you see the bigger zippy moves - but who can say when that will be