AMU amadeus energy limited

seems to be some fresh buyers in there today, getting the...

  1. 630 Posts.
    seems to be some fresh buyers in there today, getting the feeling that there is some money returning to the sector albeit tentative. forecasts for POO in 09/10 vary wildly leaving me with the impression that no-one has any idea what it will be.

    On the reserves estimates i queried the Co a while ago and was told that they had decided in the interests of keeping costs down that it would be done annually which i believe is fairly standard industry practise. AMU has such a large number of operating wells in several states and the task is an expensive and time consuming one.
 
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Currently unlisted public company.

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