AJL 0.00% 0.9¢ aj lucas group limited

Ann: UK Government lifts moratorium on hydraulic fracturing, page-26

  1. 6 Posts.
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    New here.
    I am an aged Brit and to my regret have never been to Australia but I have a great admiration for the manner in which Australians seem able to open up mines and oil wells everywhere.
    I have been lucky with AJL, having bought recently at about 10c and sold at about 18c. The balance sheet unnerved me and I sold my last shares on the 23rd.
    We in GB should most definitely encourage Cuadrilla to restart its exploratory drilling in Lancashire and I believe that the locals could be brought onside by the offer of a royalty on gas extracted or a big discount on their bills coupled with an indemnity against the cost of any damage caused by tremors.
    Unfortunately our government is a sorry state and might find it difficult to enforce a policy opposed by pressure groups with loud voices.
    I am minded to dip my toe in here again.
    How is AJL's Australian business doing ?
 
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