quarterly report, page-2

yonder
Yes they have a lot going on atm
next qtr should see a substantial rise in production numbers which will offset any temporary weakness in POO, news this morning sites OPEC emergency meeting today to discuss prod cuts in order to support POO.
You mention the hedging, LOL now seems to be a good move. It was only a few months ago that some armchair directors were deriding the company for their hedging position (despite the fact that it was a condition of finance arrangements). Should see a very healthy turnaround (adjustment) to the 'mark to market' hedge losses that affected EOY results. IMO these accounting practises unfairly affect companies like AMU and should be reviewed.

This mornings announcement re; farmin to North Dakota project looks very promising looks to be low cost/ low risk/ medium return. More diversification and risk management. Am hoping there will be more info on this at todays AGM