idg69 - Agree with your post, the trainsets was never going to give this a massive boost as it was a given, may get a small rise once they are commisioned and lease agreement signed. Was concerned however reading the RNS that debt facility is being referred too as the 2014 debt facility and no longer the debt facility that would be secured in Q1, thing we may have to wait a while to satisfy the lenders covenants, the debt facility will give this a boost. Regarding Darwin, I don't think we would have a company if they hadn't come on board, shafted us I know but without them we could well have gone pop!
Think we will get news on the trains this week but I think that news will be negated by the standard BHR 'We continue to make good progress in line with securing a debt facility'. I hope this is not the case but am slightly concerned by the way that this continues to drop on minimal volumes, we are looking at a 50% increase to get back 1pps which is a low price, however global met coal prices being at rock bottom is also pinning this down where it is, good luck to all holders old and new!
idg69 - I've been here nearly three years and have quite alot invested, I've averaged down during the falls from my initial buy back in 2011 at 12.9p (can you believe this was once this high!) and average at just over 3pps, I agree that this is a long play now, I do hope that we get incremental rises with any positive news, I think as you say RK is doing okay in very difficult conditions but still think there may be a few twists and turns, time will tell. Good luck and lets hope we all come out of this smiling whenever that may be!
Getting a bit concerned with this now, no news on trains or debt facility, the market clearly don't like it either, gains of last week pretty much negated, the debt facility must be the longest due diligence in history, I'm sure multi million acquisions have gone through quicker than this, losing confidence with this very quickly, bet we finish this week in the 0.6's after tomorrows predictable drop of 4-5%
Can't beleive people getting excited about analysts ratings, did Canacord not have this at 33p once, never heard such a load of old clap trap, what basis are they valuing with the high estimate of 7.60.