AJQ 3.13% 3.1¢ armour energy limited

Ann: Change of Director's Interest Notice (Stubbs), page-8

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  1. 1,261 Posts.
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    Stayer , having read all reports on the well I conclude that it's a beauty. Obviously a well that is filled with fluid and blowing out that fluid with its own gas pressure is going to produce a hell of a lot less gas than an unimpeded free flow gas well. I predict that as the well is stabilised that uninformed shareholders will be pleasantly surprised. Also not forgetting that the well has reported liquid hydrocarbons which enhances its profitability. List the plusses against the minuses and you'll begin to wonder why the price isn't closer to 100c than 10c. Keep the faith.
 
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