Currently we still have one risk area in operations, the hdd.
This is probably not part of the sale. Currently they are executing a large hdd project in Tanguh. If this goes well, result can be very good for AJL. But, as I said it has a risk...
The other drilling activities are straight profit contribution. In fact, results are developing further upwards recently.
Cash will be used for some interest payment maybe. The interest is so excessive, any delay means that we will keep pouring any revenues straight in the pockets of Kerogen. We have to get rid of that loanshark mechanism ASAP. The interest % suggests a risk that is not there.
Currently we still have one risk area in operations, the hdd....
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1.0¢ |
Change
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Mkt cap ! $13.75M | |||
| Open | High | Low | Value | Volume |
| 1.0¢ | 1.0¢ | 0.9¢ | $3.786K | 380.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 834548 | 0.9¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.0¢ | 1898993 | 4 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| AJL (ASX) Chart |