Originally posted by Lefevre
This stock is cactus.
Holding this stock is gambling. Not investing.
As soon as that $20 mil debt facility from Ernie was announced it was 99% game over.
Ernie is a smart guy (but no miner) and he will end up with the asset that has had over a billion $ spent on it for cents in the dollar.
Maybe in its next reincarnation he can have proper management running the show.
Maybe he will keep it private like a lot of the other Bowen Basin miners are.
MAX are gamblers. Going to get burnt.
All imo.
Paul veron, u look so stressful. did u short ur parcels and there is no volume for buying back ?
I think u know better than anyone what is the power of Ernie and why Gary didn't sell his shares.
the end of this game will be more interesting.