AJQ 0.00% 10.0¢ armour energy limited

Ann: Gas Sales Agreements Executed with Australia Pacific LNG, page-4

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  1. 834 Posts.
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    For a junior E&P this stock ticks all the boxes:
    - substantial infrastructure
    - access to high margin markets
    - proven production capacity
    - available financing options
    - sales contracts in place (!!)
    - remarkable upside potential with massive exploration potential
    - substantial upside via appraisal & development
    - experienced management in place
    - well connected investors/financiers
    - interest from deep pocketed buyers

    Hard to see any substantial downside risks, but plenty of blue sky all around. My best guess is the market agrees, and will re-rate this stock as the good news keeps coming and it can no longer be ignored.
 
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