Yes Kropka, you are right but I've lost track of how many times A40 has been bailed out in the last year
Posters keep saying that the company is debt free and I don't believe that. I don't believe that the company has borrowed enough money to make a decent start and allow those poor folk on site to make an operational profit. I think one has to get the right balance. Limping along at half production is not a good strategy, even when the commodity price rises sharply
A40 Price at posting:
21.0¢ Sentiment: Sell Disclosure: Held