Arda Arkun

@jdepradoluengo 1.500 :)

@ardaarkun Not technical, but 2040 》1.000

My friends who are good in technical analysis, can you please comment on the current set-up for $CNR? 😄$BTU $HCC $AMR $METC

@TimothyBuffett What else do they need? :))) They wil be printing money along with CNR while others suffer a little

@ardaarkun $hcc just has a cost advantage no one can replicate. That is their competitive advantage

I am starting to like $HCC as much as $CNR. I like $CNR more due to their capital allocation strategy, i.e. $CNR buybacks $HCC special dividends

“Iran is scum” DJT “World and especially Europe needs $CNR s coal” Arda 😄

@AncientSion You will be surprised but I bought $YAL.AX and $WHC.AX last night :)

@ardaarkun Bro is always discriminating against Aussie coal stonks 😭

Once in a life time opportunity in coal. Can they go lower? Sure. They will all be up significantly in 1-2 years. $CNR $BTU $HCC $AMR $METC

@hann58445 @NStepmum Good luck having base load electricity without coal :) coal production was up in US last year, not down :) coal is a derivative for AI :)

@NStepmum @ardaarkun Share buybacks, doesnt need any interest, just cash flow and buy backs. Also interest might increase due to rare earths in tailings. Tbf Trump is manipulating oil so hard I doubt he would do it to coal, so I'm thinking coal better, more free market

@NStepmum When $CNR cash flow yield is over 15% and buying back stock, it is hard to imagine how it does not go up :)

@ardaarkun But its hard to see indeed how these things go up in the coming years

@DBclouds99 Who cares about charts in the long term? Technical selling creates the best opportunity for real coal investors. $CNR buying shares for a lot cheaper now

@ardaarkun Bold statement with charts suggesting (sort of much) lower! We shall see and thanks as always, AA!

@calvinblissett @GardnerRhod Good question. They have no cash flow now. Thats the main reason, but I bought some $AMR today for the torque.

@ardaarkun @GardnerRhod Why not $AMR then given they have the same capital allocation strategy but even more torque and their product won’t be declining as much (thermal vs met)?

$CNR can comfortably start buying shares here. I have my model at $100 API2 and the stock is cheap even with that thermal price. We need patience and we will see the stock over $1000 in 10 years :) $BTU $AMR $HCC $METC

$CNR is officially a rare erfs company :) investors.corenaturalresources.com/2026-07-06-US-…

$CNR for idiots, highly informative video. youtu.be/hHWqQciySC8?si…

@FishtownCap @liberty198383 They were all over-levered with billions in debt. Almost all of them went bankrupt and restructured. All US coal companies are close to zero leverage. Plus if coal prices collapse, since $CNR is one of the lowest cost, they will still be cash flow positive

@ardaarkun @liberty198383 Fair enough, but realize Coal stocks are not where you want to be during a major market selloff either.. $BTU went from $45 to $2 in 2020.

Please tell me another stock with 15% fcf yield and buying back shares with all free cash flow $CNR $BTU $AMR $HCC

@johnkmason @LesseJivermore HVA prices are very depressed versus PLV. I expect normalized fcf to be 700 in outer years. Even if it is 500, mcap will be 3.6 billion with buybacks at 79/share end of year, i.e. 13.9%

@ardaarkun @LesseJivermore So say we take your $600m FCF as a base case. The insurance proceeds are one-time, so isn't the actual run-rate just 12.5% (500m/4000m)?

@FishtownCap @liberty198383 Thats why I dont buy banks :) I lived through 2008 and saw bear stearns go from over 150 usd to below 2 in 15 months :)

@ardaarkun @liberty198383 $AER is the least levered it’s ever been. It’s a *lessor* and having debt is their business model. Banks have debt too.

@alphastackingco 20 billion in net debt. I dont like net debt :)

@ardaarkun $FISV with 20% fcf yield and using it all for buybacks.

@LesseJivermore @johnkmason This year Leer South running plus 100 mm insurance proceeds, lower sga and no merger related costs

@johnkmason @ardaarkun Long shot

@Anssi_A @mxschumacher @liberty198383 I am not going to answer this post, clearly you are not a coal person

@ardaarkun @mxschumacher @liberty198383 CNR production is 80% Thermal coal, good luck producing steel with that.

@GrtMarc I dont like geographic risk :)

@ardaarkun Don't miss Thungela in the mix ;) More than a 15% fcf yield on EV