AQO 0.00% 27.5¢ ambassador oil and gas limited

prime position surrounded by majors, page-5

  1. 1,197 Posts.
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    Majors not turned off by uncertainty/negativity associated with moonta and Halifax. Permeability better and temperature lower here than where Beach drilling. So we have prime location. Majors always expected a puzzle that will be progressively solved as more holes drilled for unconventional gas in Cooper. We know the gas is there. We are dealing with an asset play not a production play in the sense that we have an asset that others want to buy and exploit. I don't see any need to be other than relaxed as we wait for our pay off. Day traders will think differently.
 
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