RE:RE:RE:Value investor club spring write upFriendo,
What do you want management to do with excess cash flow ? They almost went under following the Ambatovy debacle. So deleveraging is the only legitimate option.
Moa expansion is kept reasonnable with pretty good bang for the bucks but from I read, you can guess that analysts still remember the ghosts of cost over runs from the past.
Management while doing very well still has to gain confidence from markets. When they do, the stock price will follow.
GLTA