Ann: Amadeus acquires TNT Engineering , page-7

agree Kwaidan
many positives to this acquisition
It was said at the AGM that the uplift to asset values associated with the TNT acquisition are in the order of $18m.
Free's up cashflow for further exploration and/or debt reduction.
Hopefully they can flip the minority interests for a profit and further reduce debt with the proceeds.

Might take punters a while to recognise the value that lies in this transaction but the benefits to the bottom line will be immediate.

Surely success at Smolik will wake the market up, is due to spud shortly