RE: RE: RE: RE: The millionaire farmer In the latest press release we did not get any hint of coming even close to signing an off take agreement. They are still in the same situation as they were 6 months ago, even though now the coal sector has been rebounding, and prices firming up. The management is still blaming someone else for their problems! Now it is not a sector problem, it is a company specific problem with CMK! A few had it right all long here.
I was expecting in the news release that some negotiations were underway with selling the stockpile and off take contracts, but there is nothing! Do not be surprised if the S/O goes to 500 million or more than see a reverse split!