I think they have to keep drilling to a certain degree but in the short to medium term they need to find a balance. They always seem intent on hitting the motherload. The big well that's going to be a compnay maker in the eyes of the market. We've followed a lot of these wells and none have really nailed it. If their going to do shareholders and the sp any favours they should be dividing the cash flow up into , exploration, deb and returning something to shareholders. Even a token gesture every six months. The expendeture on drilling hasn't paid off thus far in the form of market value for the compnay and it's assets.
AMU Price at posting:
21.0¢ Sentiment: LT Buy Disclosure: Held