MANAGEMENT

AJ Lucas refinances to cash in on coal

DRILLING services and gas exploration group AJ Lucas has refinanced its major debt facilities for another two years on similar terms to its existing facilities with its existing financiers.

AJ Lucas has shored up its finances to cash in on the opportunities in metallurgical coal.

AJ Lucas has shored up its finances to cash in on the opportunities in metallurgical coal.

AJ Lucas chief executive officer Brett Tredinnick said the updated finance agreements would give the company the flexibility to maximise opportunities from growing demand for metallurgical coal. "Securing...

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