AJQ 3.13% 3.1¢ armour energy limited

Ann: Initial Drawdown Under Tribeca Finance Facility, page-4

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  1. 923 Posts.
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    Wow Hunter, nice SP bump early in the day !

    We now seem to be getting to where I thought we should have been some time ago, ie -10c is the current base rather than the ceiling .... albeit this is a recent event, yet to be fully tested.

    Gas is a really, really hot commodity atm, there is certainly enormous demand for it, I read the daily articles in The Australian re looming East Coast gas shortages. My obvious point here is our product is in high demand and market conditions are great for the foreseeable future. Anything we produce will be immediately purchased, unlike some other commodities.

    I think our SP may fluctuate up and down a bit in coming months, but IMO with an upward trend line based on pending and future results as we complete our new and makeover drilling. Overall, I'm thinking in times ahead some of us here will look back with pleasure that we made share purchases when we did, around these prices.

    DYOR & GLTH
 
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