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12.5¢ allegiance coal limited

News: AHQ Allegiance Coal Seeks Trading Halt, page-3

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14 Posts.

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25/06/18

22:41

Post #: 33941118
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Originally posted by kastin ↑

Been a few good updates from the company lately, lower strip ratio, larger then 10% increase in washed coal, and a better resource model.
should be a very very low opex, cash machine, BFS not due until September
They have enough cash now to take it too construction,
hope it's a strategic partner or finance notes, but seems a bit early and usually they allude to something like that in the note to ASX.
could be info on the coal petrophysics due last month, but a TH? maybe for bad news?

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I hope you’re right Kastin. Management have reported on interest from steel mills and trading houses in previous market updates so it would make sense. I’ve been holding the stock to see this mine become operational. The fundamentals are as compelling as any mine I seen for some time. A JV is really the last piece in the puzzle.

AHQ Price at posting: 4.2¢ Sentiment: Buy Disclosure: Held
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