Hyakugo Bank Ord Shs HYKUF

Financial Services

The Hyakugo Bank, Ltd. is a Japan-based company mainly provides financial services such as leasing business mainly banking. The Company mainly operates through two business segments. The Banking segment provides deposit services, loan services, domestics exchange services and foreign exchange services. This segment is involved in the investment trust and insurance counter sales, financial product intermediation, merger and acquisition (M&A) and syndicated loans. This segment is also engaged in the examination and adjustment of cash, the storage and management of documents and accounting books, the survey and evaluation of real estate, the placement agency and personnel management business. The Leasing segment is engaged in the leasing business. The Company is also engaged in the trading of financial products, the credit card and credit guarantee business, the provision of regional industry survey- and consulting-related services, as well as the processing of information business.

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Hyakugo Bank Ord Shs > Train wreck

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Comment by auburn2on May 14, 2022 11:04pm

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RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Train wreck

New contracts will be negotiated around August from what I understand. Those contracts will be a big bump up from the current ones, so 2023 should be a flush year, and they're going to survive 2022 just fine. Also am reaching out to the company to see what exactly they are doing about labor challenges. Imagine what they could generate if they were producing at at just 300,000 tons per quarter. Acosta itself can do 400,000 tons per year with proper labor & has decades of reserves.

"The Casselman Mine accesses the Upper Freeport Coal seam. Corsa’s most recent National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) Report indicates the presence of over 2.6 million tons of in-place, low volatile, clean coking coal remaining at this mine. This mine is expected to produce between 550,000 – 600,000 tons per year of high quality, low volatile metallurgical coal."

Still lots of life there according to the technical report.

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