Gentlemen, take note that the Och-Ziff hedge fund owns 14% of Armour. For those interested it was the Ziff brothers who ended up, (and still do) owning Southern and Central Pacific's assets. I.E. most of the oil shale in Queensland. When these people consider the time is ripe the development of Armour and Qld Energy will be breathtaking. These people deal in tens of billions of dollars , are not losers and don't invest in losing projects. IMO the only reason that QE is not moving is because of the idiot moratorium on the Proserpine deposit, which co-incidentally is located in one of the most hostile to life areas of the world. My great wish is that the so called environmentalists and greenies are placed on this woeful site and left there to fend for themselves.
AJQ Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
