AJL 12.5% 0.7¢ aj lucas group limited

News: AJL Tests at Cuadrilla's UK fracking site show substantial gas flows, page-92

  1. 1,861 Posts.
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    I agree with your reasoning. And by all corporate standard this is normally the case. But here are a few examples of AJL management obliged communications to the market.
    1. The refusal of Rosaceacre site was released a day after it was all over the news.
    2. The pipeline and drilling project and contract in PNG was never announced to the market. We are only know about from one varioussources.
    3. Cuadrilla released flow rate numbers were 200,000 scf/d. AJL announcement stated 200,000 mcsf/d. That is 1000 fold higher and misleading.
    4. Progress update in OZ business is non existing even though the current sp value is entiredly based on its value.
    Just to name some but not to relive the Monument project saga under which the current CEO/Chairman was involved in the decision making process.
 
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