Another trick and trap of the untrusted Bods. It is a shame.
RE: Some of you still don't get it ..
But doesn't the sp in this case represent past data and in order to reverse fortunes some strong data needs to continue to be released?? They need several updates like this, no reason this cant be a 10 million business? Surely We are all holding a little longer, no escape!
Some of you still don't get it .
It is the same every time an RNS is issued a bit of hope is shown and people are so desperate the buy into it , it went up this morning and so did the spread so did anyone make any money ? Answers on a postage stamp plz .The only good thing was it woke fern bank up from his nightmare , but not enough for him to post a strong buy !
obviously not the uptake today as hoped. slow climb, bit more info and confidence gained. cant find easily the expected profit in the first half of last year but was in the millions that then got wiped out. they have been as open as they can about the significant gain against 2014 that they are now seeing in 2015. expect people also to ask at AGM but turning the corner. I agree with all your comments about 2008 etc and this slowed down the mine massively but in many respects lucky its still operating.
generally sound logical sense being discussed on this bb, so makes a change from the usual rubbish on most boards. My only comment is that from the outset this operation has always to be highly leveraged and dependent on future revenues and unfortunately many businesses in the recent past during the 2008 global banking crisis have vanished without trace because they were overleveraged. All this we have known from the outset of starting the Stockton revival on a shoe string but the profits bombshell I did not expect. I'm just hanging in on the prospects that coal (not anthracite) doesn't receive such a bad press in the future. Reality is that we are not in 'coal' and its unfair that politically we are all tarred with the same brush. Its rather like the fraccing debate where oil production through horizontal wells and normal perforation techniques to get the oil flowing is lumped in with hydraulic fracture of gas rocks which it very definitely isn't. Heard a silly moo this morning talking about the worlds energy needs being met by Green Energy alone. IMO not till the next century at least. Its difficult to believe that anyone who knows about energy demand and supply takes such clowns seriously (but they do) especially as she probably came to the studios in her car.
RE: stockpiles are up
what I like is that they have stock piled more but also sold more and therefore just shows the capability of the kit and mine. this will now run up fast. at this point expect same amount of profit for 2015 that the company is valued at, is this normal??
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