valuation, page-2

AMU is cheap, but until the reserves statement comes out and the company starts being more transparent with their disclosure and even pay a dividend (imagine that) then I think only the dedicated will see the inherent value. With the current shareholder base I think we will eventually see the company's true value demonstrated, but we unfortunately need to be very patient. I will continue to accumulate in the interim - cheapest oil and gas company in Australia and the US in my view.

Just my opinion
Monty