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Australian Pacific Coal ( (AU:AQC) ) has issued an announcement.
Australian Pacific Coal Limited has received a Statutory Demand from M Resources Trading Pty Ltd for a debt amounting to A$1,074,006.85, related to a management and advisory fee. The company is currently evaluating its position and options regarding the demand, indicating potential financial and operational implications for its stakeholders.
More about Australian Pacific Coal
Australian Pacific Coal Limited (ASX: AQC) operates in the mining industry, focusing on the production of high-quality, high-energy, low-sulphur thermal coal. The company has recently resumed underground mining operations at the Dartbrook Coal Mine in the Hunter Valley, NSW, leveraging world-class infrastructure and a skilled workforce.
Average Trading Volume: 1,833,941
Technical Sentiment Signal: Sell
Current Market Cap: A$18.21M
For a thorough assessment of AQC stock, go to TipRanks’ Stock Analysis page.