AJL
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10.0% 0.9¢ aj lucas group limited

$ 60.000 per acre, page-11

  1. darwineurope
    525 Posts.
    lightbulb Created with Sketch. 15
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    12/02/17
    20:58
    Post #: 22554029
    One thing is certain;
    You will not be able to buy gas baring shale, 1000+mtrs thick, with a reasonable flow rate (they haven't published detail, but that has been indicated by various sources/publications), for A$137 per acre...

    I guess $5000 is a minimum.
    AJL Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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