Posted On: 01/23/2016 12:54:56 PM
Post# of 61
Re: times2times2 #41
They apparently, according to latest financials, may stabilize the revenue at around 2B annually (used to be 4+
or close to 200M monthly that is a good sign. Some of the 20+ mines/land to be spun off (auctions coming up) won't bring any money (if tiny bids came in?!) but are reducing liabilities....some other mines could sell.
ANR management is really condensing the business, thus less loss M over M, Q over Q....it is a big, so far, controlled experiment and we take risks but also could be truly positively surprised in 1-2 years (any pps is possible between penny and dollar). I would think if they see a disadvantage in overextending the true value of muli-B equity then it would have been calculated/listed lower as soon an bridge financing came in, but they didn't....and it won't evaporate completely to the amount that is needed to fulfill the obligation to lenders IMO. As long as ANR stays in business somewhat the common shareholders holdings are vastly undervalued.
or close to 200M monthly that is a good sign. Some of the 20+ mines/land to be spun off (auctions coming up) won't bring any money (if tiny bids came in?!) but are reducing liabilities....some other mines could sell. ANR management is really condensing the business, thus less loss M over M, Q over Q....it is a big, so far, controlled experiment and we take risks but also could be truly positively surprised in 1-2 years (any pps is possible between penny and dollar). I would think if they see a disadvantage in overextending the true value of muli-B equity then it would have been calculated/listed lower as soon an bridge financing came in, but they didn't....and it won't evaporate completely to the amount that is needed to fulfill the obligation to lenders IMO. As long as ANR stays in business somewhat the common shareholders holdings are vastly undervalued.
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