AJQ 3.13% 3.1¢ armour energy limited

Sounds like a thorough job on Kincora, setting us up for many...

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  1. 923 Posts.
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    Sounds like a thorough job on Kincora, setting us up for many years. Tick.

    Nice revenue figures, but also hefty (mainly start up) production costs, some of which were over and above forecast.

    More exploration costs will be in store for a while, which will impact on our future quarterly net operating profit (or loss) outcomes.

    IMO unfortunately, we may need to wait for a while to see SP growth, as the recent CR listed and unlisted share issues will take a while to "undilute". Also, stating the obvious, the market will want to see ongoing net profit figures.

    Problem is......... as soon as I read AJQ's Quarterlies, I want to read and understand the following Quarterlies .... can't come quickly enough for me !

    GLTH
 
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Currently unlisted public company.

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