From the recent AJQ announcement on the acquisition of Roma...

From the recent AJQ announcement on the acquisition of Roma Shelf "Armour estimates the replacement value of the infrastructure at over $250m".


I believe the acquisition sent a pretty clear message to all shareholders (and wanna be major shareholders aka Westside) : That alone add almost another 75 cents to the current undervalued AJQ's share price (250 m dollar against 300 million shares).

It marked the transition for AJQ to become gas/oil producer. As Wejier correctly said "And all this comes at a time of a rapid increase in demand in the east coast gas market. This will transform our company". The new chapter, indeed.