AJL
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0.00% 0.8¢ aj lucas group limited

sale of 25% interest in bowland prospect, page-3

  1. darwineurope
    525 Posts.
    lightbulb Created with Sketch. 15
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    13/06/13
    18:43
    Post #: 11883226
    Great news!

    40 + 60 + 60 to invest in creating full value of the bowland stake.

    Risk of the table. It is now a solid buy for ajl.

    Some cash may flow back (perhaps the 10 mln, but also maybe 43% of 30 mln)
    Most likely part will be utilised to develop the weald basin.

    Great partner at the table for all stakeholders.

    All ajl shareholders congratulations!
    It would be wrong to see this as a valuation of bowland.
    AJL Price at posting: $1.42 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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