RE:Price ? Minedog2 asks:
"Ok what the heck is going on we are online making money !" The cash flow is going to pay debt and other commitments:
Projected 2014 uses of cash : US140$m
2014 cash flow from Breagh expected to be ~ US$92m
The company is spending more than it makes and has committed debt projected out for the next decade. Debt is twice cash flow, much higher than most of the Industry.
I don't see any "Blue Sky" possibilities in the future anymore so there isn't even hope. I can't see the stock getting over 80 cents in the next year and I'd welcome a takeout at that price today.
I've sold about 1/2 of my position earlier this week at 0.69 - a 77% loss from my purchase price years ago so ya, I'm bitter.