AJQ armour energy limited

The big picture for AJQ

  1. 1,351 Posts.
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    In the AFR on Thursday 17th Sept, there was a lift out section called "Australia's energy future".

    Some of the key points regarding from the lift out which I think help show the big picture and why our little AJQ, with a market cap of just under $40 million has so much potential:

    * "Over the past 5 years, Australia's gas industry has embarked on a $200 billion expansion.
    * No other Australian industry has leapt to global prominence so quickly.
    * In 2013-14, Australia shipped 24 million tonnes of LNG, earning $16.4 billion in export revenue.
    * 14 new LNG processing trains will start production between 2015 and 2018. LNG output will TRIPLE during these three years.
    * The growth dividend for Australians is huge and long term.
    * The oil and gas sector already contributes $8 billion a year to government revenues.
    * By pioneering technologies such as floating LNG and coal seam gas, Australia is putting itself at the forefront of the global industry."

    And as the last 6-12 months has shown us AJQ shareholders: "The LNG industry is not for the faint hearted or the short sighted. Building assets that last for 30 years means riding commodity cycles".

    The author of the LNG write up was Malcolm Roberts, CEO of APPEA.

    With both Chinese & American backed interests both perusing AJQ and with the demand for our product set to rise sharply over the next 3 years, the real story our company is only just beginning (IMO).
 
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Currently unlisted public company.

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