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AMBASSADOR OIL AND GAS LIMITED (ASX:AQO) - 13 trillion cubic feet!!!!, 10575548, page-12 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
AQO
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0.00% 27.5¢ ambassador oil and gas limited

I think the lack of interest is related to:a). Two "dusters", a...

  1. ToH
    443 Posts.
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    16/08/12
    09:18
    Post #: 10575548
    I think the lack of interest is related to:
    a). Two "dusters", a 100% miss rate.
    b). This upgrade to potential reserves will not "bear fruit for quite some time and will need to form part of a JV to realise.
    Even then more funds may be required.
    The market doesn't recognise the potential benefits on a horizon so far away.
    Personally, I will hold.
    AQO Price at posting: 8.8¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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