I think with 304 million shares on issue and a market cap of 70 million the valuation metrics are reasonable but not outstanding.
Its definetely not worth 60 plus cents as some other poster was claiming which would place a market cap of nearly 180 plus million, but with exploration, being debt free (which is always A PLUS) and current reserves and future revenue a value in the mid 30s is reasonable imo
AMU Price at posting:
23.0¢ Sentiment: None Disclosure: Not Held