AHQ doesn't have much of a debt problem. Its main debt is to Cline. And those repayments are linked to operational profits from NE (which are zero). I doubt it will ever need to repay that loan.
The key challenges it faces are:
- Very low cash levels
- New Elk mine bleeding cash
- Collapsing coal prices
- Extremely limited access to debt or equity finance for the foreseeable future.
AHQ doesn't have much of a debt problem. Its main debt is to...
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