Perhaps this is why AJQ tried to remove Annells from Lakes oil...

Perhaps this is why AJQ tried to remove Annells from Lakes oil as they new LKO was hitting its head against a brick wall.

Read below what Annells had to say about Beach Energy scrapping a project 3 years ago, Lakes persevering and seeing how much money that has cost LKO.

Gina won't be happy.

Another poster made the comment that AJQ's investment in LKO should be treated as a write off, it is getting harder and harder to argue that the poster was wrong.