AJQ 3.13% 3.1¢ armour energy limited

Ann: Operational Update - Myall Creek Well 4A, page-8

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  1. 694 Posts.
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    Sorry to hear mate, was big red flag for me. Hence I sold day after the halt was lifted It looked like a really good play to take a advantage of a hot sector. But now it's confirmed to me why the market has valued AJQ so low compared to peers.

    ANN staes flow rates 2m at only fraction of fluid recovered. sounds good

    Trading halt for CR. hmm WTF

    ANN oh sorry actually the well doesn't flow. Credibility lost
 
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