AJL 0.00% 0.9¢ aj lucas group limited

Hi DarwinI would be wasting everybody's reading time speculating...

  1. 114 Posts.
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    Hi Darwin

    I would be wasting everybody's reading time speculating on share price even assuming 5-10 pcent recovery rate of 200-300TCF. AJL are cash strapped, kerogen potentially calling the shots, rumour now of a farmin with another major O&G company, cost to retrieve gas, if more gas on the market in UK could that drive current prices down, risk of lobbyists/environmentalists impact moving forward. Until more info is accurately conveyed I wouldn't dare publish a best case worse case price scenario for others to wish to potentially bank on. That would be wrong.

    I'll go on the simple principle of supply and demand for shares for now..Monday will be interesting to watch pending the FR article.

    Having said all of that, I really like this stock for now.

    Thanks again all.
 
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