What's your opinion on GEO's shares after publication of results and lowered interim dividend, at current price of 0.27-0.275 SGD?
Also, did they said to you, that a takeover is already a done deal? Or it was published somewhere? Hope it will be a thermal coal mine also, as I am interested in pure Thermal coal mines, not metcoal or mixed mines ...
Are they expanding into adjancent areas - when you start to mine a new surface area you always have higher costs at first, as you have to strip all of the upper layers of earths, above coal - when we speak about open pits, but even undeground there area additional /higher costs when building new tunnels and other infrastructure
Thanks and inciteful. Interesting that you made a trip down to their main mines. Couple of questions:
- You visited SDJ & TBR mines; apparently there are mines next door owned by other parties. Did they hint to any discussions with them?
- Did they give you any reason for holding the cash?
- Kind of irrelevant but did they give you any updates on there mining activities at BEK?
Lastly, Anthony Tan is not a 'mining man' and considering how the cards are on the table a complete sell out could be the way to go. Do you have any opinion on whether something like this would be in the cards considering that you spoke with him?
thanks for the write-up, particularly as you currently hold no position.
What's your opinion on GEO's shares after publication of results and lowered interim dividend, at current price of 0.27-0.275 SGD?
Also, did they said to you, that a takeover is already a done deal? Or it was published somewhere? Hope it will be a thermal coal mine also, as I am interested in pure Thermal coal mines, not metcoal or mixed mines ...
What's your opinion on GEO's shares after recent publication of takeovers, at current price of 0.21-0.22 SGD?
Are they expanding into adjancent areas - when you start to mine a new surface area you always have higher costs at first, as you have to strip all of the upper layers of earths, above coal - when we speak about open pits, but even undeground there area additional /higher costs when building new tunnels and other infrastructure
Thanks and inciteful. Interesting that you made a trip down to their main mines. Couple of questions:
- You visited SDJ & TBR mines; apparently there are mines next door owned by other parties. Did they hint to any discussions with them?
- Did they give you any reason for holding the cash?
- Kind of irrelevant but did they give you any updates on there mining activities at BEK?
Lastly, Anthony Tan is not a 'mining man' and considering how the cards are on the table a complete sell out could be the way to go. Do you have any opinion on whether something like this would be in the cards considering that you spoke with him?
Best, Arthur (I hold shares)