AJL aj lucas group limited
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News: AJL AJ Lucas Group Says Unit Signs Contract With Kestrel Coal For Degasification And...

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    19/08/19
    13:25
    Post #: 40039613

    Aug 19 (Reuters) - AJ Lucas Group Ltd (AJL) :

    • UNIT SIGNED A CONTRACT WITH KESTREL COAL FOR PROVISION OF A FULL SUITE OF DEGASIFICATION AND EXPLORATION DRILLING SERVICES
    • CONTRACT IS FOR AN INITIAL 3-YEAR PERIOD, WITH AN OPTION TO EXTEND FOR A FURTHER 2 YEARS BY MUTUAL AGREEMENT
    • CONTRACT IS EXPECTED TO GENERATE REVENUES IN ORDER OF $70 MILLION OVER INITIAL 3-YEAR TERM
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