Joe you're a good laugh matey but no more spoof alias's please
It's not speculation when you have proven resources that you are pulling out of the ground and selling to a market. I am talking about companies like ECR, ORE, OTC, AFCR and the majority of start ups that produce nothing and generate zero revenue but i is all on speculation about what their assets will become in the future if they ever get to a production stage. I wouldn't call investing in Rio or Glencore a speculative investment because they are production companies, and they even pay dividends, but their share price is about whether they make money or not and market conditions. Most of these AIM stocks are completely speculative because they work off investors money looking for prospects that will hopefully turn into something. ATC are a production company.
Debt is reducing consistently & recently being paid down quicker than expected. Demand is high, anthracite prices increasing. Basic fundamentals not speculation. Fernbank is spot on.
Fernbank... "The speculation risks have gone here,"...... Until ATC produce a balance sheet that actually shows a profit, that's precisely what it is . Cheers
Orchy I completely get where you're coming from and I also expected more value from ATC for shareholders at each previous RNS as we have long silent periods followed by build ups in anticipation which creates it's own problems with ramping / de-ramping. A bit of balanced banter is most welcome here but I'd hope that the point at which ATC do change your mind you haven't missed the boat.GL!
I had a lie in this morning and you lot kick off ! You know I like to join in boys , you also know Orchy is right it is all smoke and mirrors with ATC over the past years we have had great expectations and promises stated before every RNS ,I am kicking myself for not jumping ship at the last -2 and as I stated it will be back to .12 and it has been close , who was it that said " .12 days are behind us ". Then out of 3 billion shares 4million get traded and people get excited I can;t believe it , and that is the problem they where desperate for cash and doubled the shares in play to over 3 billion and still got no where except more debt because lease purchase is still debt and monthly payments have to be made no matter what the weather .
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