Asset Acquisition Criteria
Ajax will focus on acquiring natural resource production and development projects in low-risk jurisdictions, leveraging on the opportunity identification capabilities and experience of its Board, to access compelling development assets and implement operating efficiencies to create significant shareholder value.
Key Company Aims
Generating positive cash flow
Our primary focus will be acquiring projects that are capable of generating positive cash flow within 12 months.
Low-risk, proven assets
Acquiring working interests in low-risk, proven assets with confirmed reserves.
All assets to be located onshore
Direct ‘operatorship’ of assets
Ajax will seek to operate assets, enabling direct oversight on operations and effective cost-control.
Exploration upside projects
Focus on bypassed pay and redevelopment projects with exploration upside.
Compelling development opportunities
Leveraging the Board's extensive industry and country networks to access compelling development opportunities.