AJQ 0.00% 10.0¢ armour energy limited

Patience Snowboud, AJQ is not a piddler and it takes a...

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    Patience Snowboud, AJQ is not a piddler and it takes a considerable effort to compile a comprehensive report to the ASX for a largish company. The latest report was only a couple of weeks ago. Armour is steadily advancing it's infrastructure and gas is anticipated to be flowing within days. Oil production is slowly but steadily being ramped up and new production wells to be drilled soon. Rest assured that world wide searches are continuing for JV partners for the absolutely huge areas of discovery held in NQ and the NT . As well as this we have a minerals exploration entity. This may be split off to existing shareholders as a separate entity. AJQ also has ~20%(?) interest in LKO and I for one will be amazed if the Victorian Govt. is not forced to pay huge damages costs. Put simply the VG granted LKO exploration permits and then refused to allow them to explore. Case in point, the NSW Govt. paid out for similar action.
 
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