they won't have any money to spare at the moment.
with the notes conditions being revised requiring them to maintain a higher cash balance, plus kincora showing throughput down 10% or so I don't see where the funds for this seasons drilling will come from.
perhaps that's why it hasn't started 'mid year'
buy sentiment mainly for 2c MacArthur valuation.
Ann: Application for quotation of securities - AJQ, page-3
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