Q: CSO now has a few quarters under its belt as a strictly metallurgical coal producer - is it looking like a survivor in its field (metrics improving?)?
Also, on 13-March near the end of the day, 10x the average volume was traded in one minute and at about 9% above the intraday high to that point. Any information on that trade, or insight?
Q: Corsa selling portion of the business to management. They mention an asset impairment of 20m. Does that mean they wrote down the value of the division before selling to themselves? (Is this the type of activity you were thinking of when you mentioned that you don't like the management (or was that strictly a matter of performance?)?)
https://www.theglobeandmail.com/globe-investor/news-sources/?date=+20180307&archive=cnw&slug=C8715
Q: Well, 14 months since my previous Q on CSO and it seems like there is a positive trend (after 3 years of negative eps the latest 3 qtrs were positive). But has it been solely due to the price of (mostly) met coal, or do you think their operations have improved (any indication that they are besting some of their competitors)?
The management commentary sounded quite positive - but that's what I wanted to hear - so I'm interested a more critical take.
Q: I have been following CSO due their ownership and met coal. I have heard some suggest that part of Teck's stock performance has been due to improving out look for met coal. What do you see as the prospects for CSO?