i understand where u r coming from, although a potentially high impact well it is neither a company maker or breaker.
I could be wrong but given the size of the target i would guess that AMU was obligated to inform us of the spud and for me progress report is welcome given weather conditions in the US atm. Happy to see there are no further delays.
Sellers still have the upper hand and no doubt any drilling success will see more stale holders leave the building. I note K1 reffered to shaws exiting, until this is over we just have to ride it out imo.
We all know the fundamentals are positive and that AMU is seriously undervalued but you cant turn around a sp trend like this one overnite, current market sentiment does not help !
AMU Price at posting:
22.0¢ Sentiment: Buy Disclosure: Held