AQO is an asset play in the Cooper Basin - always has been.My...

AQO is an asset play in the Cooper Basin - always has been.

My investment has been largely based on understanding game theory, how it may apply in this instance (likely scenarios), and understanding the issues/dynamics of the basin (including gas shortfall at Gladstone, gas market in general, infrastructure in the basin etc, etc). TA and geologists are only part of an investment analysis/conclusion.

You cant presume the person/company that paid for 10.7m shares at .225 cents are absolute dills.

Outback not listed? Well, backdoor listing is pretty easy.

The issue with 70/30 may be to do with getting important US expertise into the basin, which will then attract a premium from a fairly conservative Australian company for the AQO 30%.

But there are alternatives....even if Outback deal is not completed, an important issue is BPT's need to get more acreage of the type AQO own, however that could play out...

Happy with the analysis, discussion Sandy.. not the condescension.