AMU amadeus energy limited

MJSthanks for relaying your conversation with MD.talk of...

  1. 180 Posts.
    MJS

    thanks for relaying your conversation with MD.
    talk of sustainable dividends seems a very sensible approach to me.
    If Schwing comes in at the size they are hoping for then u would expect a fair bit of expenditure on step out/development drilling in the short term, but the cashflow that a well(s) like that can produce (if successful) would be more than sufficient to enable a sustainable dividend policy, imo.
    With multiple promising shows above target and only 2-3 weeks b4 target depth is reached a positive hit on Schwing could be the catalyst we are looking for.
 
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