AJQ 3.13% 3.1¢ armour energy limited

Ann: Quarterly Cashflow Report, page-3

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  1. 1,189 Posts.
    lightbulb Created with Sketch. 11
    People buy shares for future earnings and on page 12 of the activities report, we have this: “Armour expects to increase the positive operating cashflow position as it progressively brings on new production wells over the next 12 months.”

    So, we have nice earnings growth as well as HUGE exploration upside across our large tenement acerage.

    Also adding to staff at HQ to ensure that we can continued ahead at full speed.

    The longer we go without news from Myall Creek, the more concerned I get about the results. Market must share this sentiment as we dipped below 10c again ysterday.
    Last edited by r36snowbound: 01/08/18
 
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