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1.3¢ allegiance coal limited

enough cash for 0.41 quarters this is looking like a wreck

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ryderman

1,021 Posts.

23

31/01/23

11:52

Post #: 65972750
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Originally posted by Protagonist: ↑

Another quarter like this will literally be curtains for AHQ. It ended the reporting period with just 5 weeks' worth of cash remaining ($6m), that's crazy. They've been running on fumes.

This current quarter (not the next one!) is the make-it-or-break it moment. They will need to finally turn a profit (not a small profit but a large one), or the lights are going out. That's what the numbers say. (And yes, I'm factoring the rehabilitation bond refund into this assessment)

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enough cash for 0.41 quarters
this is looking like a wreck

AHQ Price at posting: 2.7¢ Sentiment: Sell Disclosure: Not Held
2 Upvote

0 Great analysis

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