Despite being told that the company is almost across the line on financing- I can't help but think the topics of conversations/posts going forward will evolve around:
Dilution
Shelving
Delays
Covenants
Can't help but think this one has got away!!!
JV partner is all but lost (for now) so we are down to eig and coal traders --- lenders of last resort!!!! They have all the leverage right now....
Even if funding is announced, Long term stock holders are starting to get out ... It will take quite a bit of time to recover the value that management have destroyed. New believers coming in will get in at a good price- the sell pressure is going to be very strong on good announcement, even stronger if finance is further delayed..
Very negative at the moment...though I am still hopefull and will go down with the ship!!!
Have HP signed off on the deal that management have put forward? I think they would rather shelve the project if not right!!!
Deep down I am hoping all part of a conspiracy to hammer the stock for someone's benefi - and that we will come back with a massive bang,!!! And yes- I have started to believe in unicorns, leprechauns and the tooth fairy!!!!
Annoyed and frustrated!!!! We now have too many sellers and nowhere near enough buyers.
Despite being told that the company is almost across the line on...
Add to My Watchlist
What is My Watchlist?