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10.0% 0.9¢ aj lucas group limited

What now for UK shale, page-9

  1. tgn01
    2,910 Posts.
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    13/06/17
    16:00
    Post #: 25249431
    Hi Bohara, Michael and DE. I agree and totally hear your points. Not to further deepen my hysteria, all I am saying is Centrica farm-in is £160 million in 2012. Of that only £110 million is allocated for developing PNR and Rosacre sites. Cuadrilla management has been making losses £10 million per year since that farm in to a total 5 years x £10 million = £50 millions losses is mu understanding. Would £60 millions be enough for the development programs??? Anyone can allay this concern. Or more VR and dilution coming?
    AJL Price at posting: 26.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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