AHQ allegiance coal limited
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AHQ -- Should be Trading at Multiples

  1. Churgers
    96 Posts.
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    25/09/17
    10:55
    Post #: 27433416
    http://www.allegiancecoal.com.au//i.../IndependentInvestmentResearchSeptember2017?T

    This cements it. AHQ will be trading at multiples of what it is now.

    With a base case evaluation of 0.37 cents / share.

    Furthermore if
    "
    The strategy is to then upscale the operation, possibly to around 1,000,000tpa with the permitting for this to be carried out in parallel with the small scale operations.
    "
    is successful, it is valued at 0.82 cents / share.
    AHQ Price at posting: 3.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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