AJQ armour energy limited

going it alone - is it enough?, page-6

  1. 15,276 Posts.
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    There has been an interesting void in reporting, in spite of apparently ongoing drilling...

    My guess is they are still drilling and still getting gas...and possibly liquids...and have decided to hold on to further updates until they finsih the hole...the longer it takes the better.

    In any event, I think Glyde 1 is potentially a game changer...as such, I would not be surprised to see an announcement in the near term regarding a new strategy and/or accelerated focus on this particular fairway...now of course confirmed to be hydrocarbon rich.

    I am amazed the market is still holding back on this one...it really does have the potential to be another Arrow...perhaps the big money is waiting for the drill to finish, or final test results...or confirmation of the implications and future direction from the Company?

    I have no doubt there will be some very big eyes on AJQ this stage of the game...and suspect they will be taking care to get it right at this early stage.

    They may have tapped the back of a monster...a very big picture is about to unfold in my view.

    Cheers!
 
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