This is good news following a lot of other good news recently so far in 1Q2020 and in 4Q2109.
MC5, Hrshoe#4, plus other work overs looks to me to have added ~7tj/d - pretty well doubling AJQ's Kincora district production. And most of this they will be able to sell on the spot market with finessing possible because of their underground storage facility enabling them to capitalise on the domestic market shortage of gas.
Any newcomer to AJQ will have to get in quick to participate in an attractively priced rights issue coming up.
AJQ Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
