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Junior, it’s all just blue sky’s with AJQ. The tangible is cap...

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Stoneology

100 Posts.

18

15/06/23

18:18

Post #: 68309474
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Originally posted by junior101: ↑

Stone, interesting article in this Weekend Australian regarding TBN [ Tamboran].

I have suggested previously that TBN has the potential to perhaps relieve AJQ of
some of its N.T assets say on a joint venture basis. The article confirms my thinking
by stating that TBN is "an ambitious gas junior' after listing on the ASX in 2021.The
company has plans for a new LNG export terminal in Darwin with production to start
in 2030.TBN expects to start "producing around 20TJ/day of gas in 2024" from it's
Beetaloo projects with potential expansion to around 100TJ/day

Sounds to me like an ideal "motivated" partner to get AJQ going and start driving
shareholder value something which AJQ ,on its own, seems to be struggling with despite
much more extensive portfolio .Share price says it all..!!

Cheers

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Junior, it’s all just blue sky’s with AJQ. The tangible is cap raise after cap raise. Failed well campaign after campaign. A years long, loss making gas plant. Seemingly trying to phoenix the NT gas assets. I could easily go on. Hopping for a change in fortune here. What I’m sure of is top executives cemented in history.

AJQ Price at posting: 0.4¢ Sentiment: None Disclosure: Held
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0 Great analysis

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