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  "documentTitle": "Alpha Metallurgical Resources, Inc. (AMR)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Spruce Point Capital Management",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2022-05-17 00:00:00",
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  "notes": "The slide uses a red flag icon to emphasize the activist stance on financial reporting quality.",
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      "text": "AMR’s discounted multiple reflects our belief it has a lower quality asset base and our concerns around the accuracy of the financial reporting which we’ve documented.",
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      "text": "Price Target: $57.96/sh",
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      "text": "Source: Company financials and Spruce Point adjustments. Downside based on $151.45 per share",
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      "text": "We Estimate 40% – 60% Downside Risk",
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