The CR was just a victim of time, if the run on coal was 6 months later you would be singing a very different tune.
If I was running the show I would have done the same thing given the same situation, borrowed money to buy other assets given NA3 was stalled and NHC was basically a 1 horse race with Bengalla at the time.
I have no issue with the outcome, they are addressing some of it now with buy backs, it is what it is, still printing money hand over fist.
The CR was just a victim of time, if the run on coal was 6...
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$4.79 |
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