TSX:TECK.A - Post by User
Post by
4CommonSenseon Jan 04, 2024 3:10pm
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Post# 35811137
What should the price be given the mess
What should the price be given the messfor the past 2 years -- including the coal assets -- the share price was $40-$50 and probably the right price for the shares now. The Great Helmsman said to put the 'sale behind and move foreward' --- to what? The cash from coal will pay down debt - what else will happen with what is left? A big dividend?? LOL !!!! Will QB2 be able to replace $7 billion (75%) of annual coal gross profits and 60% of annual revenue? Not likely!!!! A huge risky bet if that's what the clown show is hoping and praying for. The best course of action for ALL shareholders, is to sell the company. That may be the ultimate game plan. Who knows with this bag of hammers eh?