AJL
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0.00% 0.9¢ aj lucas group limited

Ann: Cuadrilla Applies for 2nd Hydraulic Fracturing Consent, page-56

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  1. SP007
    1,113 Posts.
    lightbulb Created with Sketch. 150
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    16/08/18
    13:32
    Post #: 34978497
    Yes balance sheet is the biggest issue. Interest costs bigger than what the drilling business will earn. It's completely unsustainable from a cashflow perspective.
    AJL Price at posting: 34.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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