AJQ 0.00% 10.0¢ armour energy limited

In about 100 days (ist Dec) Armour Energy will receive $12/GJ...

  1. 2,231 Posts.
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    In about 100 days (ist Dec) Armour Energy will receive $12/GJ compared with a current (I think) $6.96/GJ . The volume of gas production is continuously increasing and the Ottway well spud in is announced to be within 12 months. The McArthur deal is lurking in the shadows and new gas areas have been awarded to Armour in Qld. There's been a very significant reduction of debt. Uganda exploration beginning, Imo this is to locate a drill site. So with all this that I consider positive the SP falls ~20%. Then we have the Chinese very generously offering us .005c in the $ for our shares which makes me wonder if one of their pre school children is in charge.
    The seller imo @ .092 is either a FW or has a pot full of money to attempt a stock manipulation on a grand scale.
 
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