I called WLT's IR 205-745-2627 Mark Tubb
What we can gather from Nomuras statement their cost of production is "bare bones"
They must be cashflow positive for this quarter...
European Steel does not use BS coal from China they use WLT coal.
Now who out there knows at what price Walters Canadian PCI is being shipped at ?
I know that almost all of this last 2 weeks decline in the Coal sector is window dressing, but it better be that the Coal stocks will have great three months with a summer rally.
Sentiment: Strong Buy
It's too late ... WLT is in death spiral .... management is no longer in controls ... shorts dictates where PPS goes, which is down!
This management has failed investors ... they are not listening ... they refused to talk ... it's pathetic. I bet they'll talk when PPS reached $2.
Shareholders deserve this punishment. They are the ones on re-elected these idiots.