PSU's Role
posted on
May 20, 2012 01:08PM
Advise everyone to read the Stockhouse article referenced by Brutus - this makes PSU's role (contribution) even more significant, for we serve as a backstop for mgmt - is this the entity that you ignore? What is mgmt's alternative plan? Are we not entitled to be brought into the conversation?
Key to PRB's continued success will be the monetization of BC - is it not appropriate to consider some additional deep drilling at BC to increase the resource, ahead of an "auction" of BC to interested parties - Baosteel and Cliffs.
WB