AJQ 3.13% 3.1¢ armour energy limited

Ann: Quarterly Cashflow Report, page-2

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  1. 109 Posts.
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    So...the quarterly activities report is for period ending 30th Sept and we only started making gas sales on the 29th Sept, in those 2 days we earned $193, 000 from customer receipts, that's $96,000 a day ?! I'd say that's even better than we were guessing earlier we would be getting which was around $46, 000 at wholesale rates of $9.25 /GJ.

    I'd say that's really darn impressive and yet can look almost misleadingly minuscule on the 3 months period as a whole... next full quarter period will be able to tell the full earnings story and seems like a great story to be part of
 
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