AJQ armour energy limited

Ann: Armour Energy - QEC Investment Showcase Presentation, page-4

  1. 1,636 Posts.
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    The company appears to be leaving the past behind with new look web site etc.
    The recent Govt. announcements re "small producer" status gives AJQ the go
    ahead to capitalise on potential revenue streams at potentially healthy profit levels etc..

    Even the recent Shell contract will result in a very good start in restoring company profitability
    at the contract $12/gig...add in a potential "discovery" company maker factor
    re Enterprise then the current share price starting to look very low given even the base potential...

    I find it interesting how the market sometimes gives really no potential" in ground value" to exploration assets until
    they perform. AJQ is a classic case...but maybe that is about to change?


    Cheers
 
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