AJQ 3.13% 3.1¢ armour energy limited

Ann: Convertible Noteholder Seeks Early Redemption, page-9

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  1. 1,189 Posts.
    lightbulb Created with Sketch. 11

    It’s never simple with AJQ.....so much promise, so much potential and always an unexpected hurdle to handle.

    Going down the borrowing road is probably the best thing to do.

    The QLD government must think we are OK / respectable, they keep awarding us more acreage and with increasing gas sales, our ability to service more debt should be achievable.


    M.H. Carnegie must be out of patience or see better opportunities elsewhere.

    If AJQ does not borrow, perhaps DGR will purchase / takeover the convertible notes?


    A frustrating start to 2019, IMO.



 
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