Hi all, I emailed Ambassador oil today through the website asking about the HOA & the delay as well if there is a plan B just in case the deal falls over. I must say I was pleasantly surprised to receive a response within 1.5 hours from no one else but Tino Gulielmo himself. Here is the response:
Nothing has changed since the last advice. We are still working with OEH and making good progress.
The Cooper has come back into favour and there is interest in our holdings if we need a fallback.
We have our AGM next week. I expect that is when we will give our next update.
Regards,
Tino
I responded with the fact I was impressed as it was my first communication with them & must say I was humbled at the fact that it was the CEO himself. This gives me the impression the they are not wasting money & running admin at minimal cost.
AQO Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
