I think if Collins st get New Elk and Black Warrior it is game over, only glimmer of hope is they have maintained their required cash balance so that isn't forfeighted as yet?
Additional material terms of the Note are: Allegiance must maintain a cash balance of no less A$5.7M post tranche1, increasing to A$7.1M post tranche 2 and for the remainder of the Term
That would allow them to sell Short Creekand Tenas and continue operating at New Elk and Black Warrior.
