AJL 0.00% 0.9¢ aj lucas group limited

The decision should be go, no doubt in terms of rational facts....

  1. 525 Posts.
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    The decision should be go, no doubt in terms of rational facts.
    But it may turn out the obstruction will continue, in which case the court decides (sure win for Cuadrilla) or the government will take over.

    Current stock price is very very low. in terms of percentage we went up today, but anything below $1 you can blindly buy this stock. In the bigger picture this will fly within the next months to around 1.2 depending on operational results in Oz. If Oz becomes a positive organisation, with proper cash flow and profit, we can sit it out 2-3 years and see the stock through to 5-7$.
    When the Oz ops turn, a first on the agenda is a re-financing! In terms of finance we are still in a loan swamp. Any pawn shop or creditcard company offers more favourable terms.

    The political situation is very positive in the UK. Also, if you follow comments below any article in any newspaper / website in the UK on shale, you'll find more and more supportive opinions, based on energy security and seeing through the rent-a-mob green protestors.
 
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Mkt cap ! $12.38M
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Last trade - 10.00am 16/08/2024 (20 minute delay) ?
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