am i missing something ?

AJL fully under written rights issue to wipe most of the debt, huge shift in power once this happens to move some of the old problems aside (IMO), fully free carried in Bowland via JV with THE biggest UK gas retailer, BGS comes out with double the amount of in place gas in Bowland that it was presently thought to contain, Cuadrilla/AJL is sitting right on top of the best of it & by inference will probably double their estimate of gas in place from 300TCF to 600TCF ???? (IMO). UK government announces they are going to fast track fracking permits starting work on that in 3weeks + 100 Billion pound infrastructure speed etc etc & the market does what ? - nothing ???!!! - I keep looking around the room looking for the hidden camera & expect someone to jump out & shout smile your on candid camera

Still plan to take up my rights issue, should have brought the drip to low teens the other day but caught by surprise & no money available to do so - oh well will just have to look back in a years time & think $1.20 was a good price anyway.

Congrats to DTE holders at least you have got some mileage out of all of this & I wish you well. I am sure there will be JV partners lining up. But for me AJL is a first mover, has a great JV partner signed up now & has a great acerage in Bowland + huge potential else where.

It will be interesting to see if there is some upward movement after the rights issue closes.