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0.00% 1.3¢ allegiance coal limited

News: AHQ Allegiance Coal Completes $10 Million Placement, page-5

  1. Perched
    95 Posts.
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    08/03/21
    11:02
    Post #: 51594081
    I seriously doubt it. There is only $2M on offer and the money is surplus to mine start up requirements. Post production valuations have been above $0.40 and that’s without Telkwa and Lorencito being valued as permitted assets. Given Telkwa is due to go through final submission this quarter then there is additional upside to come over and above today’s significant announcement. I’m stunned people are selling at 8c today.....
    AHQ Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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