AJL 11.1% 0.8¢ aj lucas group limited

Michael "I think the horse has bolted" - or maybe has got in the...

  1. 7,339 Posts.
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    Michael "I think the horse has bolted" - or maybe has got in the front gate ala the Greeks & the trojan horse !! I have been Rogered by many a company with a high Asian holding they are masters of the game.

    I think 15% interest says a lot more than fancy words about the state of things.

    However when I see the JV that DTE has just done I think we have a much better deal & if we can tread water until some good fracking flow rates happen next year, that will be very positive BUT as always the fight/permitting for production fracking is going to be the issue.

    Certainly very disappointing to see the SP under $1.30 again, I really thought we had said good bye to the $1.20's for good :-( but it is on very low volume. I wonder if there is any good news in the pipe line (excuse the pun).
 
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