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0.00% 10.0¢ armour energy limited

Gross profit for six months: $0.5 millionFinance costs for six...

  1. ggwill
    2,812 Posts.
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    13/03/20
    19:11
    Post #: 43484187
    Gross profit for six months: $0.5 million

    Finance costs for six months: $3.5 million
    General and administrative expenses for six months: $3 million

    obviously not sustainable... If they can't increase production, they will ask for more money or go bankrupt before the end of the year. So, far they haven't kept their promise regarding the new wells drilled.
    AJQ Price at posting: 3.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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