Sale price $64m market cap $23m?, page-12

My last post here was zzzzzzzzzzzzzzzzz.....

Nice to see SOMETHING happening....!

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This is not ... and never was a day trade.... just illiquid ST trades.... and late top up on mid 20's of late when they available.... FX direction only helping.

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Initial spend to grab Kodiac option 5 million?
7 million raised
6.5 million raised
JV partner happy
Management got there pay all along
No doubt smarties average down from 60 and 80 raisings
They ran it super lean last two years.... raise only twice and still have 4.5 left over....
$63,000,000 benefit.... not bad maybe... need tax figures etc though to be sure.

No mine start kinda sucks... would have liked to see that old junker loco fire up one day..

But if Met Coal stuck 110-130 (even though this has niche coal - ultra high fluidity 20,000 plus, low ash etc etc)... mebbe the cash on table now is best risk reward

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Hotfire...

What happened to Talisker? I only ever bought for Kodiac chance.

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I kinda hope if deal go through... that mebbe they jump on tech bandwagon.

Mebbe can turn 20 million into 100 for AYA's... though not holdin breathe.

bsh