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10.0¢ armour energy limited

I highly doubt they will drill.it this year

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seuss

9,581 Posts.

779

18/08/23

21:24

Post #: 69427906
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Originally posted by junior101 ↑

Sems....I always thought that if AJQ could get above 5c/share post consolidation
the company would be doing well...and so be it at this stage.

The problem is the company continues to operate at a loss despite Management talk
of driving shareholder value..Clearly, Management is not focused as there still seems
to be ongoing uncertainty at an operational level including the timing of the potential
company maker Enterprise well before the end of this year....!!

If the Enterprise well confirms operational expectations sooner rather than later..
.then any loose talk so far of any buy out at "cents in the dollar" may well be
very premature indeed..!!

Cheers..

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I highly doubt they will drill.it this year

AJQ Price at posting: 9.2¢ Sentiment: None Disclosure: Not Held
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0 Great analysis

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