A J Lucas raises funds for PNR frack site – and the prospect of 72 wells drilled from single pad

The Australian mining group is seeking to raise $46.3m in a share offer. The money will be used to fund its contribution to future operations at Preston New Road and to repay a loan from Kerogen.

AJ Lucas Group Ltd

AJL:ASX
Actions
IndustrialsConstruction & Materials
  • PRICE (AUD)0.09
  • TODAY’S CHANGE0.00 / 0.00%
  • SHARES TRADED0.00
  • 1 YEAR CHANGE-70.00%
  • BETA-0.7874
As of Nov 06 2019 00:13 GMT.

 

READ FULL REPORT

Facebooktwitterredditpinterestlinkedinmail