AQO 0.00% 27.5¢ ambassador oil and gas limited

...surely you guys aren't going to sell at 60c

  1. IC
    66 Posts.
    Thanks for your support regarding my earlier envelope calculations.

    Obviously the numbers are too big for some readers. It's interesting to see that Browse LNG has reserves of 13.3 trillion cubic feet, Karoon Gas Torosa Development has 15.8 trillion cubic feet & the Woodside Pluto & Xena Gas fields have an estimated 5 trillion cubic feet.

    These comparative field quantities imply that AQO is a very big player in the gas supply chain. And that's the critical point, commercialisation of this field is not like Browse LNG, the entire infrastructure been there for decades. And now the east coast market is also primed for gas demand because of CSG company failures arising out of new government legislation.

    And, horizontal drilling technology is well established. It's been evaluated in the US for a decade now. - Really how hard is it to drill a hole?

    Management should call a trading halt until the discussions are finalised so that small investors aren’t ripped off by their own short sightedness.

    AQO - overcomplicated, underestimated and undervalued. Exactly the way Macquarie likes to under promise and over deliver. Looking forward to a massive SP spike.






 
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