AJQ management have clearly stated their target volumes and have confirmed that we are now a producer. The one thing they have not stated is how much is APLNG paying for our product under the signed agreement. This is the million dollar question.
I am guessing that it is well below the stated $7-10 / Gj figure Orion123. Either way, good to have solid income starting to flow into the company, gives us a nice base to build from. IMO, the first sales contract is always the hardest to get signed.
Let’s hope the intelligent pig does not find to much mud to play with in our pipes.
AJQ Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held