The market of course at the moment believes there is no reason...

The market of course at the moment believes there is no reason to invest in AJQ .i.e no buyers at 0.005 etc...

However, the result of the capital raise would suggest otherwise in my opinion...

1. Highly experienced recruited Board knows how to drive shareholder value at the junior and
established hydrocarbon end of the ASX exploration market [Bow,Santos etc.]

2. Top shareholders would not be risking millions in funds to underwrite capital raise if
there was not an opportunity/confidence to capitalise on the company maker potential of the Enterprise
well for a start along with perhaps medium/ longer term associated flow rate enhancement of other works etc
from existing facilities.

3.The latest RAAS Report I think is spot on with potential share price appreciation given the success
of the criteria as discussed in the Report over the next 6-12 months..Also, the Report noted that
the" resource opportunity is massive" Clearly, the stock is under appreciated.

I have loaded up with Feb 2004 options...so hoping for Enterprise to be drilled on schedule as
success with this well will comprise the majority of the assessed 8c/share potential value...

Cheers...