Seems to me there is now a path for AJQ to follow to add shareholder value. Clearly, as far as the N.T is concerned the current portfolio may constitute some heavy baggage for AJQ. It would make sense then that AJQ look to off loading some of its N.T portfolio to the Americans such as Tamboran who have expertise in "fraccing' etc. but maintain a production equity arrangement..
The fact that TBN s.p is at around 20c within it's N.T portfolio, demonstrates the company knows what it is doing as against AJQ at 0.004c...perhaps says something.to both the market..and AJQ..
Cheers
AJQ Price at posting:
0.4¢ Sentiment: Buy Disclosure: Held