Interesting his comments on natural gas being relatively high price - considering it has almost halved since the $11 peak in Dec. (Note that AMU has hedged 75% or so of NG production from the recently acquired fields with a put/call collar arrangement, and NG is currently below the lower side of the collar).
However, AMU may be stuck at around the 1$ mark until August when the US will have seasonal worries about NG stockpiles and hurricanes. The only way I can see this pup going up in the short term is if I sold my holding.
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
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