re: Ann: Accelerated development program to i...
Oz
I think that the TNT transaction will add $18m to the value of the assets under their operatorship plus there will be significant cash cost reductions. I believe that the transaction should be completed in the near future and agree that this could/should provide some impetus to the sp. IMO TNT has been on too sweet a deal in the past. AMU may have needed their skills in the beginning but now has the capability to act as operator of its own assets imo There is the added benefit of not having to be beholden to the whims/wishes of the operator, intangible but a further benefit none the less.
AMU Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held