AMU amadeus energy limited

Ann: Garner 1 well intersects significant pay zon, page-9

  1. 630 Posts.
    re: Ann: Garner 1 well intersects significant... Gupper

    fair question

    I guess drilling is an inherently uncertain business. The most prospective target can as we know be potentially difficult or dissapointing
    As someone said recently no one well is a company maker and historically any gallop in the sp is short lived so unlikely to have any lasting impact on sp in ref to a higher price for raising.
    sp recently rose to 40c+ but could not sustain and i think this goes back to my earlier comments about the composition of the register

    I am sure that the decision to raise capital was made some time ago and once committed to would be implemented asap
 
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