I too am an optimistic long who doubts that management will not drag their feet and get this done before years end. Mid 2014 if we're lucky? There's a lot going on in the global fiscal situation behind the scenes also that needs to be considered if we are looking at the big picture. One can dream.
Doubtful....and one also wonders if the application will be in before the end of September.....this is what they previously said...they said this on multiple occasions....Clayton was very clear it would happen before the end of September on the year end CC....and yet recently Mr. Lee seemed to indicate that it might happen in a time frame that would include early October? So.....we will see.....as once again what we need is a a statement that is crystal clear...and an execution on that statement that is VERY CLOSE to what is said. Not something like we have had in the past where Bowie as the next best thing and yet it could not happen....where PING YI would be producing all this coal and yet the next thing you know it is not that safe and requires too much expense (one wonders where Peng was in all of this in the first place...perhaps he came on board after we "purchased" those mining rights?).
NOT A BASHER HERE....just a long hoping and wanting the best for the company....which I still think could happen if they simply give out REAL news....or PR possibilities that they are very reasonably sure will come to reality.
I see alot talk about the tdr, but not the process. I think it is a move in the right direction, but it is an application, not guaranteed. I don't see a listing before next April. i maybe wrong, but from my experience, there is a 6 month waiting period after you apply.
I think the stock price is severely compromised when we set ourselves up with all these false expectations...