AQO
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0.00% 27.5¢ ambassador oil and gas limited

If its anything more than 10 million, it will be stage.Stage 1 -...

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  1. invertedva
    3,719 Posts.
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    01/08/13
    18:26
    Post #: 12143459
    If its anything more than 10 million, it will be stage.
    Stage 1 - 2 million for 3d (10%)
    Stage 2 - 8 million for two wells (20%)
    Stage 3 - 10-15 million for four more wells (30%)

    Something like that. Haven't seen large up front payments to micros since gfc.
    AQO Price at posting: 18.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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