- Ramaco Resources produces metallurgical coal, and the company should benefit from surging prices in 2022.
- I expect the company to report an EPS of $4.50 this year, and it will likely end the year with a net cash position between $100M and $200M.
- Ramaco is cheap enough to go long, and I have been writing put options on the name.
- I own the 2026 senior bond, but I expect this debt issue to be called in 2023 as Ramaco will be printing cash this year.
For further details see:
Ramaco Resources: Trading At Just 3 Times Earnings, 2022 Will Be A Record Year For The Company