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3.13%

3.1¢ armour energy limited

Ann: Operational Update - Myall Creek Well 4A, page-10

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07/08/18

20:53

Post #: 34785822
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Originally posted by Large Portions ↑

A timely reminder that Five to Six years ago our Share Price ranged between $0.25c to $0.40c

The Share Price (SP) is many times lower today. Back in 2012 & 2013 the SP was based mainly on the perceived potential (of both Management & Tenements).

We had some events (such as the failed TO etc etc) that punished our Share Price, but now we are proving Myall Creek and the region, we are in a better position than what we were before.

Stands to reason that we are starting an upwards momentum in the short to medium term that will return us back up to the levels of 5 to 6 years ago.

Well done to the longer term holders, who have either held or averaged down over the past few years, and also to the new entrants !

Still time to get on board, before the the train leaves the station !

GLTH

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I'm one of the new entrants and Shareholders of Armour. It is a very interesting story, and it really seems undervalued to me, albeit what is happening now will take a few months for all the results, especially the income to wash through.

Anyway, I'm in for the long term. I look forward to the Share Price returning to the levels of Years ago !

AJQ Price at posting: 13.5¢ Sentiment: Buy Disclosure: Held
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