well life, page-4

re: well life - what about the biodiesel?? Not sure of the well life either - although I believe they are generally reasonably long (ie. 10 years plus). This is just a vague number in the back of my head, though, so could be wrong.

HOWEVER, I can't believe that noone here has made mention of the biodiesel funding being approved. In a couple of year biodiesel will be making for AMU many multiples of the current profit generated by oil. Once all options are exercised at the end of the year market cap will be around $60 mill - give or take a few. They will be absolutely debt free, with cash in the bank. And if they are lucky will stick some good gas over the next few months.

I can't see much negative for this stock except the exchange rate.

Mind you, I've held since 10.5 cents over 3 years ago, so am please to finally see a good return. I'm expecting more.

MJS