AMU amadeus energy limited

Ann: Garner 1 well intersects significant pay zon, page-35

  1. 20,904 Posts.
    lightbulb Created with Sketch. 2171
    re: Ann: Garner 1 well intersects significant... Thanks SK

    I agree that despite the justified anger with AMU, the capital raising has increased financial strength. If one compares its shares on issue post raising vs its P1 reserves then it also seems cheap. the long life fields are both a plus and a negative, negative as the reserve figure cant be monetised quickly and a plus as they have long term cash flow.

    I will be patient but I will most likely enter in the 25-27 range IF I get the chance.

    So I gather from the commentary the gas price is more important than the oil price to gas.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.