6 yrs ago was 2011.
The Bernovsky port was only acquired in 2014. Feasibility studies completed in 2014. No money in bank then. Only less then half the road was available to port and it needed fixing. Mining license granted 2014.
6 years ago it was only dirt with no infrastructure, no mining license, no real path to production and market.
What value did you see? It wasnt even close to being investable.
All those decades of working in coal field doesnt necesarily translate to valuing a coal business. Otherwise all truck drivers could get rich identifying a trucking company to buy. Doesnt work that way.
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Price($) | Vol. | No. |
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