AMU amadeus energy limited

it wont be wrth 50cps but it may be 5-10cps base case.UPside is...

  1. 3,849 Posts.
    it wont be wrth 50cps but it may be 5-10cps base case.

    UPside is still the cash being thrown off by existing producers. Company obviously not in a hurry to demonstrate to the market the potential a combined Hoffer/Hermes adds to its other wells.

    Either way with ARW written down and debt/D&A etc decreasing the vhigh oil/gas spot prices will feed thru into a vsignificant NPAT increase.

    DYOR
 
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