PCY Is Producing with Zero DebtCan't figure why anyone would think that PCY is in need of cash.
They have $14 million in cash, are a producing coal mine, they have all their mining equipment paid for, and they have ZERO DEBT after paying in full their $10 million debt facility.
So why would they need more cash now? I don't understand the concern. BTW, they are supposed to be cashflow positive this quarter. GLTA