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10.0¢ armour energy limited

I have been thinking the same thing @Plext!The farm in is circa...

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rmkpro

226 Posts.

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17/10/19

10:29

Post #: 40925684
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Originally posted by Plext: ↑

Looking at the release, Its very interesting to see Santo only received a small amount of tenements for their spend. I think the negotiations were tough as they know Nick Mathers knows what AJQ are sitting on IMO .
Santos just 2 days ago paid Congo Phillips $2 Billion for their interest in NT ... no wonder they did the deal so close, as this would have increased the price to AJQ I think.
Soon see for this sub $50m Marketcap

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I have been thinking the same thing @Plext!
The farm in is circa ~ $90 mil , surprised STO didn't just roll the arm over and lob an offer at the whole thing given our dwindling share price of late.

Interesting times indeed!

AJQ Price at posting: 7.1¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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