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Wyoming #coal producer: $718M loss in 2018


 
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#1 eds

eds

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Posted 17 March 2019 - 09:53 AM

A year-end financial report, indicates a Wyoming coal producer, could be
. . . 30 days away from declaring bankruptcy, following a
. . . $718 million loss, and a
. . . failure to renegotiate with creditors.

The company has about,
. . . $407 million of reclamation bonds, backed by nearly
. . . $26 million of letters of credit.

3-17-2019 Source: Wyoming #coal producer: $718M loss in 2018

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