AQO
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0.00% 27.5¢ ambassador oil and gas limited

now trading at cash backing, page-5

  1. gttrain
    9,422 Posts.
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    06/08/12
    14:11
    Post #: 10532315
    oafter

    They have estimated expenditure of 4.7m for this quarter
    so at the end of september they should have $10m cash.

    What happens after that? If the burn rate is the same then by the end of year = $5m cash
    AQO Price at posting: 7.7¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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