Patience is a virtue.......but I wish they'd hurry up!
From AJQ last quarterly:-
Discussions with potential JV partners are ongoing but timing to conclude an agreement remains uncertain. At this point Armour is progressing a dialogue with several potential partners.
Cash position is sound, accordingly the company has no plans for a CR until 2015, if at all....
From EEG last quarterly who are drilling next door on EP184 - spudded 23 July - "to date a significant high organic black shale horizon has been encountered within the drill hole" - " in field review of these samples identifies these as being of a high quality organic nature and probably oil bearing"
Given AJQ are either on holidays or hopefully in JV meetings we will have to rely on our neighbours for news....
What if AJQ announced a JV today or tomorrow? What would that do to the market cap?
Clutching at straws
Ann: Appointment of Alternate Director (Stubbs), page-18
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