Prospects for fracking, page-13

Zixo
I think others have covered the last 3 or so years so have nothing to add other than AJL is geared to the hilt and a run up in SP and some sort of raising could potentially see a massive re-rating. it really depends on what happens in the next couple of weeks re approval to frack and on what basis / what conditions.

I've been in AJL for 10 years plus so know it's history well. IMO they are sitting on a massive asset in Cuadrilla and if are allowed to develop then we will all wish we had bought more. with that said I'm looking at AJL as a speccy that could pay back enormously. being the punter that I am I placed a $20k bet on the "Geopolitical Horse Called Putin" mid last year and am sitting on good gains since then (might actually recoup prior losses). it really depends on what happens in the next month. if the pollies come through it will run hard. if they dither all will head for the exits

mb