AJL 4.55% 10.5¢ aj lucas group limited

Kerogen debt

  1. 179 Posts.
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    Could this be a positive for us AJL holders if we were finally out from under the kerogen debt due to failed Cuadrilla operations in the uk ??

    I guess we would all be asked for a capital raising to pay back debt..

    Someone smarter than me have a look at it to see if we as just AJL Australia can sustain the debt once cuadrilla is sold.

    Who knows the Brittish Oil and Gas could come out this week and allow Cuadrilla to resume fracking once again..

    Fingers crossed.
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