Abu,
It's not what I signed on for, however it's a real possibility. I have stuck this out because my investor/gambler side of me wants to see a profitable company with 4 mines thrive and deliver coal till it goes out of fashion.
Deals like this don't add value to shareholders, just the Gordon geko's
Gonna be tricky but non core assets is what I am hoping, the whole lot and I will look for an exit strategy
Sun, congrats on finding google, I will have to disagree with mr Wikipedia . In the 'context' of this forum I hope you see my point. The criticism of this company is they borrowed big.
And to quote my 1st year accounting lecturer
'Only thing you can trust on a balance sheet is the date and the company name'
Webk
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