You held in for 20 yearsTKO has made money for the last 14 quarters. In my opinion the backoff of Phase 3, will be just the start to a company focused on pure mining. The hundreds of millions spent in previous 1/4's, which did not find their way to the bottom line, have advanced their operation to the envy of many. The mill expansion expenses starting to wane. Last 1/4 we spent $30 mill more on ramping up to 55,000 tons in a few short months. The SP reflects a marginal producer in a land of high costs.
jmo but this is the ultimate worst time to give up on TKO.