Currently we still have one risk area in operations, the hdd.
This is probably not part of the sale. Currently they are executing a large hdd project in Tanguh. If this goes well, result can be very good for AJL. But, as I said it has a risk...
The other drilling activities are straight profit contribution. In fact, results are developing further upwards recently.
Cash will be used for some interest payment maybe. The interest is so excessive, any delay means that we will keep pouring any revenues straight in the pockets of Kerogen. We have to get rid of that loanshark mechanism ASAP. The interest % suggests a risk that is not there.
- Forums
- ASX - By Stock
- AJL
- Assets sale proceeds
Assets sale proceeds, page-3
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJL (ASX) to my watchlist
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.38M |
Open | High | Low | Value | Volume |
0.8¢ | 0.9¢ | 0.8¢ | $300 | 34.18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 360360 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 464977 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 360360 | 0.009 |
2 | 825100 | 0.008 |
5 | 1335124 | 0.007 |
2 | 795000 | 0.006 |
5 | 600000 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 464977 | 3 |
0.011 | 234900 | 4 |
0.012 | 111667 | 2 |
0.013 | 89650 | 1 |
0.016 | 79432 | 1 |
Last trade - 10.00am 16/08/2024 (20 minute delay) ? |
Featured News
AJL (ASX) Chart |
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
SPONSORED BY The Market Online