I remember when this was spun off from ALK. Had a massive run past $10. Seeing it now, it's breaking out and looking quite cheap in that context.
I've done some skimming and it does seem that mgmt has been pretty active, it looks shovel ready pending funding? Well positioned as a first mover if the trade war really heats up.
Anyone can share some top line bullets?
- NPV post tax is $1.5bil but the capex is pretty much the same. Market cap is ~$100mil so there is 10x runway?
The resource is viable?
The Koreans are still onboard?
The loans look likely to be refinanced or they'll have to pay in June?
I haven't seen any glaring red flags to jump in but anyone who has the history and can state it objectively would be great
(20min delay)