Oxford Resource Partners, LP (OXF)

[iheartweimers]

I see no news about the divi but it doesn't look good.
The key seems to be in the "Factors that Impact on
Business" section.

1. They are being squeezed because of rising costs vs
long term fixed price contracts. We knew that.
2. Cancellation of Big Rivers Agreement worth 800,000
tons/yr is what is new.

Buying leased equipment is probably a plus for next
year. That is more than likely where our dividend went.
They are looking for new customers. No telling how that
will work out. Between taking a loss and going long, I
am going to choose long. Someone who entered very late
in the drop might still make money here, but I think this
will stay under $10 for a long time. IMO, of course.