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10.0% 0.9¢ aj lucas group limited

1000 meter pay layer, page-5

  1. darwineurope
    525 Posts.
    lightbulb Created with Sketch. 15
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    30/08/16
    00:39
    Post #: 18777795
    I agree, but time has moved on.

    My question, has in the past 5 years since we found this out, anyone discovered anything similar in terms of size?
    Do you guys know of some sizeable comparable pay layers? I'm really curious here, but find it hard to collect this info.

    Don't forget, our acreage came for 'free', and therefore does not show any value on the balance sheet.
    What could be the value per acre, if compared to other similar plays?
    Last edited by darwineurope: 30/08/16
    AJL Price at posting: 30.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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