AQO 0.00% 27.5¢ ambassador oil and gas limited

Ann: Trading Halt , page-15

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  1. 267 Posts.
    This is it!

    Hoping for a large international

    NSE got $100 mill from ConocoPhillips a while back

    Also BPT and ICN got about 150 mill from Chevron

    If we can get 100 then that would give us cash of 105 or 7 times our current mc of 15 mill. So around $1.30
    Let's not forget that it will probably overshoot cash backing by a fair bit in the short term then drift back when drilling starts

    What do people think would be a minimum farm in amount ? $20 mill maybe?
    It has taken a long time so I'm thinking it should be good
 
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