AJL 0.00% 0.9¢ aj lucas group limited

Profit numbers, page-30

  1. 825 Posts.
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    I know the Kerogen rates are high, but remember they are also majority equity holders as you point out. So they are charging themselves a high rate as well. Without them, we would have struggled to carry on as a going concern.
    I have no intel, but I suspect Kerogen also want to liquidate part of their holding and a Cuardilla listing could just be the golden ticket. If the timing is right i.e. fracking approved, public want homegrown gas for security, then i'm sure a lot of hype can be created and our Spirit energy contribution can be supplemented by a Cuadrilla listing.

    After all these years, the Phoenix ("AJL") may rise from the ashes

    Speculative buy
 
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