Post by
cupricity on Mar 04, 2022 6:48pm
Not selling. RUSSIA with love.
Russia is turning into North Korea. The world needs way more commodities even before we isolate Russia. This coal mine is gonna go crazy. 3 percent at 500 dollars canadian and 3 or 4 million tonnes. More with longwall. The government has forgotten covid, climate change, convoys. It is all about how do we isolate countries that invade other countries without provocation. Donkin Coal is needed and will be flowing soon. Nova Scotia gets rid of it's mandates this month.
Comment by
Mackthenife on Mar 05, 2022 12:09pm
So using your math and current coal prices the royalty could be 45-60 million or $1.00 a share. Holy mackinaw
Comment by
cupricity on Mar 05, 2022 12:51pm
That's what numbers say. So at a 2 times dividend yield 2 bucks is cheap. Russia won't be back to the market for a while.