Wednesday, November 11, 2020 11:02:59 AM
the Meeting sounded relatively upbeat.
It was some media that picked out
(albeit briefly from what I could find
on internet) the part that the Surety
Bond Agreement had not been signed yet.
The BTU CFO said hopefully signed before end of 2020.
____________________________________________________
Here is some of what I heard from the meeting:
Peabody Chief Financial Officer Mark Spurbeck said
the deal provides support for the company’s “long-standing commitment to reclamation.”
“We are grateful for the tremendous collaboration with our surety providers to reach a first-of-its-kind solution that offers a greater line of sight into Peabody’s future collateral requirements,” he said in a statement.
[ https://county17.com/2020/11/09/peabody-insurers-reach-first-of-its-kind-reclamation-deal/ ]
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Here is another brief synopsis of the meeting:
Peabody Energy reports Q3 cont ops EPS 66c, consensus 92c Reports Q3 revenue $671M, consensus $690.6M. "Peabody drove strong cost performance within our thermal segments during the Q3, including record-low PRB costs per ton," said President and CEO Glenn Kellow. "We have had a number of achievements across the portfolio and look to further build upon our progress as we tackle structural improvements within the seaborne met segment. In addition to our ongoing portfolio enhancements, we have been working to achieve specific financing objectives. While we have made progress, there is still more to do. Together, these actions are intended to provide a solid base to strengthen our financial and operating performance."
________________________________________________________
The ubiquitous reports on TDAmeritrade about
these lawsuits might be getting people's
attention and misunderstood. Today:
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November 11, 2020
11:20 am ET
SHAREHOLDER ALERT: BTU CACC FAF: The Law Offices of Vincent Wong Reminds Investors of Important Class Action Deadlines
Accesswire
3:50 am ET
FILING DEADLINE--Kuznicki Law PLLC Announces Class Actions on Behalf of Shareholders of BMRN, BTU, GOCO and NKLA
Globe Newswire
2:58 am ET
SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of Peabody Energy Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of November 27, 2020 - BTU
Newsfile
1:33 am ET
Peabody Deadline Alert
Newsfile
November 10, 2020
5:38 pm ET
11 Energy Stocks Moving In Tuesday's Intraday Session
Benzinga
4:45 pm ET
CLASS ACTION UPDATE for PT, BTU and TCMD: Levi & Korsinsky, LLP Reminds Investors of Class Actions on Behalf of Shareholders
Accesswire
4:00 pm ET
DEADLINE ALERT for BTU, PT, and TCMD: The Law Offices of Frank R. Cruz Reminds Investors of Class Actions on Behalf of Shareholders
Globe Newswire
3:16 pm ET
Stocks That Hit 52-Week Lows On Tuesday
Benzinga
11:20 a
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