Nope, neither source is named Nick. I think Nick's crystal ball cracked a while back, unfortunately. "
With this..:
"Your spirited defense of OJ notwithstanding, where's the proof that he's looking out for minority shareholders? It's not there because it simply doesn't exist."
How about emerging from bankruptcy with all commons intact with only 10% dilution . Sorry..you never see that...and when you do...it's a fn' anomaly.
With this...:
"But you're still missing the broader point. It's been a year since this company re-emerged from a bankruptcy restructuring. And they still can't generate cash. "
No..the most extreme circumstance is running @ 50% capacity. That's my concern. You have a wash plant that needs to run @ 75% currently. At the least.....60%(which still sucks). That is my concern. They had 200 thousand tonnes in surplus......and that equates to a minimal of 1,100,000 tonnes needed to be sold this quarter. They need to regain market share..of which,,they currently sell 75% of washed coal...and a low baseline of a rough 8% total coal Mongolian exports. That needs to rise to a minimal of 10%....again minimal! I'll stay at that for now...but I got much more..:)
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