PINL:HYKUF - Post by User
Comment by
Binkieon Jun 17, 2022 7:00pm
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Post# 34766062
RE:RE:RE:Anyone on the annual meeting call?
RE:RE:RE:Anyone on the annual meeting call? Thanks for the response/info.
It is hard to imagine that Corsa isn't worth $100mm in a takeover. The facilities alone, then the reserves, the mine permits etc make it very attractive as a bargain basement target that is easily transformed into a cash flow machine by good management. For perspective, I think I read that Peabody will generate 1.35billion in projected EBITDA this year.
I don't think Corsa it's going any lower than a 30mm MC so the situation is ideal for a deal. I know many wouldn't be happy as there would be a huge missed opportunity but I'd take $1/share today!!