AJL 0.00% 0.9¢ aj lucas group limited

AJL in 2017, page-54

  1. 492 Posts.
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    Hi Striebs,
    I dont see why you would compare US and UK s shale. The gas price in the UK is multiples of that in the US. The UK premium is all profit. With a handful of operators owning the best UK sites, they should have stronger control of supply than OPEC ever did.
    Providing costs are reasonable, and drilling is allowed, this looks set to become one of the world's most profitable gas fields.
    Even the resistance from greenies is considerably easing vs. A year ago.
    I think you have sold at the wrong time.
 
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