AHQ 0.00% 1.3¢ allegiance coal limited

Ann: Change in substantial holding, page-53

  1. Zxc
    3,434 Posts.
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    Is their a possibility this is just a formal way of sorting out the sale/transfer of the 2 mines?

    Let's say they came to the decision to sell those and recoup the reclamation bond etc, would filing for chapter 11 be a formal way of facilitating that or could that have just as easily been done without filing?

    I would imagine it would be impossible for an operations guy like Romcke to navigate it without significant help?
 
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