AJQ
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3.13% 3.1¢ armour energy limited

Ann: Armour Energy to Receive $6m in Gap Grant Funding, page-13

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  1. Lance
    219 Posts.
    lightbulb Created with Sketch. 12
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    10/04/18
    18:22
    Post #: 32355985
    Orion your calcs are correct except there are about 300mil convertible notes at $0.11 maturing Sept 2019 + 15% p.a. interest. Probably the only thing holding things back at this point imo.
    Last edited by Lance: 10/04/18
    AJQ Price at posting: 8.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch. 2  Great analysis
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