L and L Energy (fka LLEN)

[viking86]

Fernando:
Good point. I read Glenn's message (PUDZ Global Speculation-Round1)about this, he assumed an average of 600k Tons for each of the 6 mines being consolidated based on Shaanxi mining quota. But that seems improbable to me. The very reason these mines are consolidated is b/c they are doing less than 300k. So my guess is 150kx6= 900 k Tons per year total. There is also the cost for making them run more safely and efficiently... and how to pay for it. Not so sure about the $2+ EPS Glenn predicted for 2011. But without getting a handle on these # I am not sure I want to be back in this stock. I sold it after last ER. I feel much better about LLFH, not as much gambling involved.