I remember you from a few years ago caesius. You stated that you wouldn't pay a hundreth of a cent over 5c for Armour.
I didn't agree with you then, but you were accurate I see now, so gold star to you mate. Regarding profitability time forcasts, no, they haven't. In the last couple of years Surat Basin was a start, drilling of various Myall Creek wells were a start, today's wonderful announcement is a start. Profitability, true profitability (to keep @Large Portions happy) may come in 6 months, maybe earlier. It was bantered around here that 20 tj/d would achieve a profitable company, but no, Armour haven't stated a figure. Me? I think this year if the current campaign is successful.
AJQ Price at posting:
7.4¢ Sentiment: Buy Disclosure: Held