AHQ 0.00% 1.3¢ allegiance coal limited

Ann: New Elk Production Commences and Forward Sales Agreed, page-5

  1. 1,492 Posts.
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    Great work to all, restarting any operation is difficult. It will be a choppy next 3-6mnths as we tie down term contracts - however money will be coming in the door shortly.

    The potential forward index linked sale prices from August onwards, if confirmed and contract inked, will represent a step change in profitability for the company. Will be interesting to see how this announcement is perceived, M Resources has a knack for successful execution w.r.t sales, and I believe there will be a quiet confidence here.

    Time will tell.

 
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