AHQ 0.00% 1.3¢ allegiance coal limited

Ann: Change in substantial holding, page-38

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  1. 7,039 Posts.
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    "It was quite evident they would need to sell the other two mines, clear debt and have some spare cash so this seems like a formal way of undertaking that process.In the meantime hopefully the currently two producing mines can be cash flow positive and AHQ stay alive."

    Your two mines belong to Collins Street now (or soon will, once they exercise their entitlement)

    I said before that Collins Street had those mines as collateral for the repayment of the convertible note. I don't know why, but some of the new longs refused to believe me.

    If you stick around and follow proceedings, you'll see what I was talking about.
 
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