A royalty on coal production, trading at ~4x free cash flow (LTM)
I love this company. Been my top position for almost two years now, still surprised at how under followed it is. The massive dividend after balance sheet cleanup will re-rate this, if not I’ll be happy to clip 20% coupon.
Agreed
I love this company. Been my top position for almost two years now, still surprised at how under followed it is. The massive dividend after balance sheet cleanup will re-rate this, if not I’ll be happy to clip 20% coupon.
Agreed