It would appear that LKO thinks it's EMU North project is...

It would appear that LKO thinks it's EMU North project is excellent. It plans to use Armours pipeline facilities for gas and says the oil potential is nearly 4 million bbls.
There's simply no real money interested in AJQ in spite of everything being highly positive for the energy sector including the reports that Australia is critically short of energy and world prices are also rising. In my many years of investing and trading I've never encountered such a puzzle. No matter how much effort I put in trying to denigrate AJQ it always comes up trumps. Perhaps this time the old saying "the market is never wrong' could be wrong.