I'm back baby!
Things are starting to get very interesting in this stock. I cannot believe more people aren't excited about this story, especially with coking coal prices having rallied 100% in the past two months and some very savvy investors running around trying to pick up as many working mines as they can get their hands on.
The ACG deal that Atrum is in the process of completing is an absolute ripper - it was a good deal when announced, since then coking coal prices have gone up by 60%. Even if they settle somewhere in between, it is still an outrageously good deal for shareholders. You should all be very excited about what management has been able to accomplish in recent months, the only thing remaining is a funding solution which shouldn't be too far away, especially given the amount of excitement in the met coal market at the moment.
I'm not sure the retail market "gets it", but they will when the stock price runs up to $2 in the next 12 months.
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