Agreed Tgn. Nutech's comment, coming from a company highly experienced in the technical aspects of shale gas extraction underlines & accents the Bowland potential. Grealy himself via his Nohotair connections seems very bullish and hints strongly that the Bowland shale resource is set to surprise in size, but also its fracturing suitability. Augurs well. Strangely, it still seems to be overlooked by many parties, including the recent AFR article on Campbell's dealings, that AJL hold a separate 25% stake in the UK prospects in addition to its 42% holding in Cuadrilla's multiple & extensive European+UK prospects. Some media sources are suggesting that AJL, rather than Cuadrilla itself, that is actively engaged in marketing a stake in Bowland to the jostling mass of O&G majors. Hypothetically speaking, AJL becomes a totally different beast if they successfully negotiate a premium price for this key & unique stake, sufficient to leave a large chunk of working capital in the bank after paying off ALL debt.. Raving
AJL Price at posting:
$1.55 Sentiment: Buy Disclosure: Held
