Australia's largest stock trading and investment forum Australia's #1 stock forum

AHQ

Click for more information

0.00%

1.3¢ allegiance coal limited

Ann: Test Confirms High Vol A Hard Coking Coal Status, page-10

First 10 Last

Share
Profile

Follow
toss31

565 Posts.

120

13/01/22

14:18

Post #: 58837072
Share

Originally posted by cpetersen: ↑

https://cdn-api.markitdigital.com/apiman-gateway/CommSec/commsec-node-api/1.0/event/document/1410-02466998-7VBQO7LNHSQ4ITQ9LGS7OSCE5L/pdf?access_token=0007M1tcl6XSWEqpPlxqylGM0GG8

Going by that Dec15 announcement the delivery of 1st sale was delayed until late Feb and 2nd sale was for delivery early Jan. I'm guessing we don't get paid before delivery so there won't be any actual cash received in the Sep-Dec quarter, but maybe the sales will be reported as revenue as they're contracted sales even if no cash received yet? Maybe someone with actual accounting knowledge should answer this

Hopefully that's the case as I think showing some real $ in the quarterly and then the half yearly results due in March might be a catalyst for an SP bump, though we might be waiting until the FY results around August when there's (hopefully!) a full half's worth of production and sales to show.

Expand

https://hotcopper.com.au/threads/ann-first-new-elk-cargo-sails.6421127/

Ship sailed first week of November. 30 -40 days shipping time , the sale should be completed by December 30.

AHQ Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

UBI

Universal Biosensors flat despite fresh deal with US medical product distributor

FG1

Flynn Gold reaches milestone exploration target for Golden Ridge

Trump Victory Sends Bitcoin Surging Above $75K – Is $100K Next?

IMU

Imugene kicks off Australian trial for blood cancer treatment

MMI

Metro Mining inks bauxite offtake contracts into 2026 with Chinese m

Trump is President Again: What Does This Mean for Crypto?

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

HotCopper Highlights: Your most watched and most discussed stocks this week

Week 45 Wrap: Combat sports usher in Trump 2.0 – or is it male insecurity?; RBA boring; Propane suggests China alive

First 10 Last

Add AHQ (ASX) to my watchlist