AJQ 0.00% 10.0¢ armour energy limited

News: AJQ Armour Energy Ltd updates on capital raising program of up to A$40 million, page-3

  1. 2,010 Posts.
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    Agreed Sems, very good news. There'll be dilution, but funding for production has always been an obstacle (and this is an awful lot of funding). It'll be good to get it over and done with in one big leap.
    Once production is underway we'll be happy to have done this.
    To my understanding we are still aiming for gas December this year (of the 2.3PJ Newstead gas initially) followed by field gas in the first quarter next year.
 
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