AJQ 0.00% 10.0¢ armour energy limited

Ann: Armour Energy - QEC Investment Showcase Presentation, page-6

  1. 1,535 Posts.
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    Perhaps it warrants some numbers against my positive assumptions...

    The Shell contract will result in around $20 mill./ ann in additional turnover which
    is a massive improvement on the current state of affairs etc..and that is just the
    start. The company has alerted the market that it wants to be at around 10 million cft/d
    by the end of this year in sales...hmmmm

    So how can this stock be worth less than almost legal tender with such a massive quality
    exploration portfolio similar to Texas or better..and a ready to go contract cashflow ....?

    Something to think about
 
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