AMU 0.00% 21.0¢ amadeus energy limited

eden getting a bargain, page-3

  1. 686 Posts.
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    Bank managers do not like the idea of the sort of risk that proposal brings, unless of course they are investment bankers and they've set it up so they're on the winning side of the trade. But I digress and start to rant on about people with the ethics of a fox in charge of the henhouse that helped to get the world into this mess.

    In terms of AMU, I think the debt-free, low risk approach is worth a go. Divvies would be nice but I think the idea of workovers of old wells on their ground whilst oil price is high (very low risk, but very nice reward) is the best way to bring value to this play over the next year or two. A promise to start paying divvies in calendar 2012 might help.

 
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