Macquarie yesterday upgraded their energy companies yesterday by an average of 23%!
With Oil up by 5% and Nat Gas up too $9.74 OVERNIGHT even ABN amro will be taking another look at their underwhelming NPV's.
Oh btw.. almost forgot AMU might be in a position to hurry them up by Monday with the prospect of a doubling in Revenue from Schwing alone. If schwing does come in expect a divvy but more importantly expect perhaps a doubling of wildcat/developmental spend which again will flow straight thru to the bottom line at current market pricing.
DYOR
AMU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held