Move on george of the jungle take your kids to the park or something get a short position in another stock and entertain yourself trying to run it down anyone agree?
George of the jungle still trying your best to run this stock down cover your short position and move on because your becoming laughable no sh--t you are
One thing changed since that article: met coal price (even at the time of the article, the author used outdated price). It was written during Q2 when benchmark was $172 (which was 145 later in Q3 and $152 in Q4)
ACI mgmt on the latest conf call (I think in Q&A section) mentioned that Leer will fetch $95 in current $152 benchmark environment. They also said that cash margins will be $65. So this means that Leer will bring $90 mill EBITDA, considering 3 mill tons production, with current pricing and just over $100 mill if benchmark 2016 will average at $160. Note that benchmark price is for Australian met coal (HCC).
To get $225 mill EBITDA/year benchmark should be at $195
The wind breaks it up.....some places get very little wind. I have to say, if you ask silly questions like this, you should not be investing and maybe head back to school.
Sentiment: Strong Sell
here is an article which states significance of leer mine.
I just wrote here this morning that Leer Long Wall start will either happen this week or will not happen in 2013.
Don't sell until you double your average cost price. Also never sell when you get back to even. Don't give your shares to the guys who are shorting.
Sentiment: Strong Buy