getting the house in order, page-13

Relatively big volume on friday with 2.1m traded
looks encouraging

I see Hartleys put out a note on AMU on 15 April
they expect AMU to increase both production and reserves by 15% this year
They provided an interesting comparitive chart demonstrating how significantly undervalued AMU is against its producer peers on a EV/2P valuation basis

They cited a number of near term catalysts for a re-rate

1. A restructure of their debt resulting in significant reduction in interest payments
2. Increase production and reserves by 15%
3. Good leverage to higher oil prices