I'm long, but worried. How can you be so certain everything is going to be okay? No evidence supports it's a fraud, just shorts piping their horns. However, the recent drop is over $30 million in market capitalization. Someone just became a millionaire on these trades, and it wasn't me :-( I got caught holding the wrong end of the stick on this one. Luckily my other holdings made me money to off-set the loss, but still, blows!
so why did LEE sold part of his receivables against the company to Iron Ridge ?
why wasn't he available for questions on the call ?
why did the company not disclose the winddown of the washing activities during the quarter
why did the company not disclose the Iron Ridge transaction properly rather than just when the case already went through court
why does the company report a profit every quarter despite cash flows telling just the opposite
why does the company report profits while even the lowest cost Chinese coal producers suffer huge losses
why did nothing the company proposed so far ever came to fruition ?
why does the company want to pay a dividend if cash flows continue to negative ?
why does the company want a Taiwan TDR listing despite there's no chance of being listed