The company lost money last year. The current balance sheet reflects that and the drilling operations, not the shale prospect. Currently, we are waiting on the British geological survey report (commisioned by the UK government) which will hopefully align current difficult and unhelpful fracking conditions with prevailing mining and construction regulations.
The new British PM is for fracking.
With that and the war in Ukraine, the realisation that ESG principles have put a drag on upstream exploration, and that the net zero nonsense and the lack of importance that a succession of British governments have placed on energy security in the UK have all been problematic and caused the perfect storm, our investment in AJL extremely prescient.
- Forums
- ASX - By Stock
- Prospects for fracking
The company lost money last year. The current balance sheet...
-
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AJL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.38M |
Open | High | Low | Value | Volume |
0.9¢ | 0.9¢ | 0.9¢ | $3.229K | 358.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 725000 | 0.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.9¢ | 270418 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 725000 | 0.008 |
5 | 1335124 | 0.007 |
2 | 795000 | 0.006 |
5 | 600000 | 0.005 |
1 | 500000 | 0.004 |
Price($) | Vol. | No. |
---|---|---|
0.009 | 270418 | 1 |
0.010 | 922270 | 4 |
0.011 | 1469054 | 5 |
0.012 | 111667 | 2 |
0.016 | 79432 | 1 |
Last trade - 15.01pm 27/08/2024 (20 minute delay) ? |
Featured News
AJL (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online