valcont

Looks like the senators got a briefing on UFO sightings today. Trump was briefed last week. https://www.politico.com/story/2019/06/19/warner-classified-briefing-ufos-1544273

Nope. I can say there is possibility of life else where based on my observation that life exists on this planet. Its a fact and I have several ways to prove the hypothesis. I don't need to understand how planet was created to prove that there may be other planets in the Universe. Probability does the trick here. Actually it makes no sense. Current hypothesis is based on the fact that life exists here and we have observed it. Let me know when you observe the God almighty.

Your statements may be correct but your inference is precisely wrong. If you believe both to be true AND you can observe life on earth than it is safe to assume that there is a possibility of alien life somewhere else. Mind sharing the hypothesis for that pre supposition?

There is really no upside for the government to disclose it. If its an enemy craft then they are not prepared to handle it and if its an alien ship then there goes the social/religious fabric of the society and all the fairy tales that comes with it. If it were an organized hoax then you will hear a LOT more about it in the media.

Wow what a reaction on dividend suspension. But what concerns me is that this is not a knee-jerk reaction, the selling has been going on since the last quarter. Still have no clue what it is but this stock is broken. The management has no incentive to support the price. And now with API2 in the 60s, Murray may just focus on servicing the debt and try to buy out the shareholders for peanuts come 2022. What's the bull case here? Europe industrial output is crap, China is blocking Australian coal and there is a glut of natural gas.

Cline still holds significant shares at the LP level. He brought Brian Sullivan to the BoD and the new member of the general BoD , Leslie Ray used to work at Foresight, so he can still influence decisions. You are right about $100m. I just saw Heth's post and assumed they put it out in the filings. Not sure where he got that number from? So thinking about this year. They said 73% of the volume is already contracted and the first 2 qtrs of API 2 volume is hedged. Doesn't justify 30% downward move. What gives?

Murray has no incentive to support the share price. He is better off that the share price remains depressed if/when he take it private after paying off the MQD. I don't understand why Cline has approved this cap allocation unless he knows something demand wise? Bond market is pretty spooked due to inverted yield so maybe they are selling all the converted shares.

This is going down the crapper fast. I didn't hear Murray announcing any long term contracts to justify this extra investment in Hillsboro. So what is his plan? Burn the $100m and place the extra coal in the spot market.

Yes, the long wall has higher coal recovery but does require large initial capital outlay. Either way any extra tonnes are adding to the bottom line. Wonder whats the demand and pricing on ILB now. The spot is at $39 which is better than $32 from last year but the contracts are usually negotiated at a higher price than the spot. CC will be very interesting.

Foresight is a leading producer and marketer of thermal coal controlling nearly 2.1 billion tons of coal reserves in the Illinois Basin. Foresight currently operates two longwall mining complexes with three longwall mining systems (Williamson (one longwall mining system) and Sugar Camp (two longwall mining systems)), one continuous mining operation (Macoupin) and the Sitran river terminal on the Ohio River. Additionally, Foresight has recently resumed continuous miner production at its Hillsboro complex and continues to evaluate potential future mining options. Foresight’s operations are strategically located near multiple rail and river transportation access points, providing transportation cost certainty and flexibility to direct shipments to the domestic and international markets. View source version on businesswire.com: https://www.businesswire.com/news/home/20190213005400/en/ Is that a misprint? I didn't hear anything about this in the last CC. Not a mining expert but how were they able to get a mine up and running so fast?

Their undrawn revolver has the capacity to fund at least $100M. And their existing longwall is financed with low rate (~5%) secured debt. So, assume they make a down payment of 40% with revolver and the rest 60% with new longwall secured debt, that should not be too difficult. Have to read those debt covenants again but not sure how they will be allowed to take more leverage. And what about the demand side? Export capacity is constrained. Don't think Murray will open the mine based on spot demand.They need to have a fixed contract. I am hoping the netbacks will continue to improve.

Haven't paid much attention to this after my child's birth earlier this year. Equity wouldn't appreciate as long as cash sweeps are in place. I think most of the volume is coming from the warrant holders. They do have 8-9m export volume projected this year and API2 has been strong, so first quarter cc will be interesting. I don't quite understand this whole deer run mine opening. How are they going to find 100-150m to fund it? And Murray keeps complaining abt inventories. Maybe they are getting ready to refinance debt again and sending some positive messaging.

I own a C Corp business that has been accumulating cash which I won't need to reinvest for at least 2 years. I am interested in hearing from the business owners about their strategy to invest the excess capital. I am guessing that treasuries or laddered bond portfolio can work but has anyone attempted stock/index investing via company account ? My accountant wasn't much help and I am not sure how IRS looks at this investing activity especially the gains/losses. Going to be digging on that but any insights will be helpful. Also any recommendations on the brokerage firm that handles company accounts? I called the Interactive Brokers and they only know how to open a 401K account in the company's name.

I don't pay attention to the kidnappings or waking up to little green men stories. But UFO's around military installations or reported by pilots seems credible enough since the reporting party have lot to lose if this was a hoax. But both of them are treated the same way in the media.

Possibly, although I don't get the rational of flying clandestine warplane in the commercial alley. But who knows , maybe they are testing the F-U series. And I don't get the media attitude about covering this. Even if you strongly believe its not an alien craft, isn't there a huge story about security gap or pilot insanity? I do admit that I'm a UFO junkie. We barely understand the universe, our place in it, life's origin to conclusively state that we are alone. Maybe Musk is right that the odds of this world being a simulation are higher than this being a base reality.