Allow me to beg your indulgence for just a moment.It has been almost 8 weeks since the Great Pumpkin also known as David Stone announced that a "detailed optimization process has been commenced( for New Elk) to ensure that the optimum Net Present Value is achieved for the asset."
Meanwhile our very own Stockhouse Linus who goes by the handle Bond and all of his fellow ignoramuses such as aatwal and ark88 have all gathered in the pumpkin patch awaiting the arrival of the Great Pumpkin who will deliver some amazing news and save their pathetic investment in Cline.
Unfortunately, The Great Pumpkin won't have any news to save the day. Too many things are beyond the control of even The Great Pumpkin such as no money to optimize the asset, such poor macro conditions that nobody needs the 70,000 tons of coal that Cline produced. Meanwhile as you all patiently wait for coal markets to improve the cash position at Cline continues to dwindle every day. Perhaps the management team are scurrying around madly trying to figure out a way to raise some much needed cash. I wish them luck. Meanwhile I can see the disappointment on Bond's face when the Great Pumpkin doesn't show up to save the day.