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0.00% 1.3¢ allegiance coal limited

AHQ paid AUD$6.3M for Short Creek (when the coal price was much,...

  1. Protagonist
    7,015 Posts.
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    15/02/23
    11:50
    Post #: 66259023

    AHQ paid AUD$6.3M for Short Creek (when the coal price was much, much higher). But it also lodged a AUD$16M environmental bond, which will be refunded when it relinquishes the asset. This refund is what the company needs.
    Last edited by Protagonist: 15/02/23
    AHQ Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch. 1  Great analysis
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