Guys with BTU now debt free - cash flow positive and about to increase current production it would seem the only real worry is the Court result with F & B , Having received approval already it would seem sorting out the details is just a matter of TIME. There lies the problem TIME while ever this drags on they fall prey to the machines with borrowed stock constantly leaning on the share price and gradually increasing the combined holdings of the top 5 or 6 nominees. The speculation is that these groups together can deliver the BTU mine to a bidder as soon as the court gives final approval. Managements concern is the price probably only double current market. Having worked so hard for so long word is they are not happy at the prospect of a takeover on day one. I see their point. Any comments.
Guys with BTU now debt free - cash flow positive and about to...
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