AJQ 3.13% 3.1¢ armour energy limited

Ann: Operational Update - Myall Creek Well 5A, page-24

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  1. 1,261 Posts.
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    Am I missing something??? I keep reading reports that gas demand and prices are booming all over the world but here in Australia successful gas exploration and success is met with scepticism. As a matter of fact In the great socialist state of Victoria (where there is a huge gas supply shortage to the extent that major industry is shutting down and leaving for the USA and other parts unknown)  it has been stated that the newly elected leaders wish to enshrine a permanent no fraccing ban into the Victorian Constitution plus  no gas exploration and drilling allowed for the foreseeable future.  Queensland therefore must be congratulated for encouraging the growth of the industry however the successes of the likes of AJQ are certainly not being reflected in the sp.  NSW also appears to have problem supplying gas but exploration there is also being met by mass demonstrations of the proletariat. Perhaps I'll go to the Blue Mountains and build a large wharf with plenty of room for my ship to come in.  
 
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