AJQ 3.13% 3.1¢ armour energy limited

Ann: Brisbane Energy Mines & Money Presentation, page-17

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  1. 1,504 Posts.
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    I feel your grief Orion, but look at it from an investors point of view. We aren't yet even included in the ASX XAO, All Ords which is the top 500 companies in Aust. Entry to this starts at about $40mil MC, (we're about 36m) and assessed early each year. I feel really confident that we'll be included next year. Investors are hesitant to put money into companies outside the XAO, and for institutions, they might not start looking until ASX300 or even 200. First things first, we need Myall Creek 4a to work. Have a squiz at STX today who are in the middle of drilling, up 100% in last month, look at GLL in the middle of drilling, up maybe 100% too. Certainly some news would be welcome re our drill though. I agree with some of the others, that when it starts it will happen rapidly.
 
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