and contemplating bk? Somebody needs to get real.
I know, dumass, coal is dead!
$$966M unused revolving credit line don't imply BK anytime soon! At lease a years runway wouldn't you think?
absolutely!, and much more. Forget the hyperbole on this board. ANR not even close to filing bk as some are alluding. they'll be one of a few in the coal sector to make it.
recent positive free cash flow debt now trading for less than $400M...take it private debt free with $1B left of to weather the storm.huge opportunity here.
Anyone know if there were any written provisions preventing ANR's buying their debt back in the open market, early?
if all debt bought back at the ask how much money would it take to buy it all? Anybody know?
and stock opens Monday over .60....Stock now priced for BK and they're no where close to filing. Price will pop once positive arrangements announced.
5 upgrades in 6 weeks. Justifiable upgrades too..
I really don't care what he is, but if he rec'd btu at these levels, he's right on.