The company has next to no debt
160 million in the bank
astute management
tightly held shares....the chief holds 30% alone, so not much to go up or down
mineral deposits in the 2 greatest acerages in the world for their type, the bowen basin and pilbara
and 1/1000 of their share price gets traded today and everyone thinks it is the end of the world...
bet your bottom dollar greedy chinese interests or a major would be licking their lips over this one....forget about the share price, bhp, vale or amci might just buy it outright after having a freindly conversation with poli. The interest in this company doesn't evaporate overnight!!!!!
i will stock up on more tmw, its peers mcc, flx and fmg were both up today....
The company has next to no debt160 million in the bankastute...
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