LLEN CC Summary Reaffirmed organic guidance of 1.61 Looking at multiple Chinese targets and in the middle of DD. Should close acquisition in next 4-5 months expect larger acquisitions (Hoping to double run rate) still around 1-2X EBITDA (Didn't specifically address financing although very interested in preserving shareholder wealth) Bowie Mine: looking to acquire 9% of mine to capitalize on exporting (in next 6 months), 9% interest equates to 450K tons for L&L.
Wasn't really negative although some people, myself including, were expecting a really positive catalyst on either the acquisition or auditing front.