Sketchy info at this stage, I see Reuters won't confirm any of that info.
Would be good to see IDL been the hunter not the hunted, thus giving us a much stronger base going forward. Would private equity take a bath on this ? paid $250 during the boom.
IDL are very savy with purchases, generally paying a PE of no more than 3 historically.
DYOR as I'm trying to find out more about Longwall.
Thanks for heads up yosef
IDL Price at posting:
$1.40 Sentiment: Buy Disclosure: Held