AJQ 3.13% 3.1¢ armour energy limited

Ann: Convertible Noteholder Seeks Early Redemption, page-26

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  1. 1,504 Posts.
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    Not just 4A, but 5A. We know 4A is putting out approx 0.85 tj/d, but we're still awaiting well completion on 5A. The CN's are a pain in the a, I can't wait to see the end of them. But whether we can transfer them to another buyer is an issue. I'd like to see our storage in Newstead (1.5 to 1.8 PJ perhaps left) used for either spot sales or a GSA. That'd get us out of our temporary mess, and if our wells are as prospective as the company believes, we'll have plenty for further sales in the foreseeable future. Hanging in there but a bit frustrated.
 
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Currently unlisted public company.

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