hangas75 exactly, AQO have over $8 million cash, estimated 20tcf gas in place, several other leases and all for a low $28 million market cap.
I have seen companies run to market caps twice the amount with no money and not even 1/10th of the resource we have.
AQO is a little unknown company for know but i dare say the market will wake up eventually when they realise our lease (PEL570) is sitting between all the majors in a proven producing area.
Im still buying at current levels.
AQO Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held