AMU 0.00% 21.0¢ amadeus energy limited

getting the house in order, page-5

  1. 630 Posts.
    Oz

    I agree with most of what you say, cant have an oil company that doesnt do any drilling LOL, too much like watching paint dry imo

    Reserves need to be replaced and production needs to increase.
    I think its too early to be declaring a divvie at this stage, i would much prefer them to use those funds for debt reduction.

    I think that AMU has a great mix of low/med/high risk assets but your right no one well will create a substantial rerate in the sp.
    At some point a 'step change' is required, how that will be achieved ? i dont know

    For now all i really want to see is the sp return to somewhere approaching fair value
 
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