The plot below shows (grey horizontal bars) a large trading volume spike at 15c over the last few weeks. The small bid numbers in bid/offer stats (Comsec)suggest to me there will be relatively few shares traded above that in the near future.
To turn this around we need AJQ to tell us what is going on. Now! We can't be expected to wait for the QR/EOFYR at the end of July.
It is the dry season in the North. Is there any drilling activity now or will there be in the very near future?
Can the current financial state support the drilling programme, or is a partner (JV or farm-in) needed? Are there any current good prospects for this?
Are other fund raising options on the books?
How will the LKO drilling predicament affect AJQ?
Add to My Watchlist
What is My Watchlist?