RE: CLINE STILL HAS TIME!! Why 0.50 cents???? You are saying the company will be sold for less then the net equity value currently??? Does that make sense to you?? Net equity is about $230million or 1.00 per share, and you are saying CMK can only get $115 million for the entire company.
Look either one of two things are going to happen: #1) Marret Plan, OR
#2) Buyout, if this happens Cline will get north of 1.00 per share just based on min. value of the assets alone.........But time is running out, and the coal sector is out of favor and won't be back in favor until later this year....who will want to pay and wait on a ROI until later on this year??? If the price of coal started to rise and was above $200-$250....Cline would have been sold by now......it looks dimmer and dimmer that this is going to happen.....