AMU amadeus energy limited

Hi Oznot sure i agreestrategic review had some positive outcomes...

  1. 630 Posts.
    Hi Oz

    not sure i agree
    strategic review had some positive outcomes that will result in AMU taking greater control of the assets and bring various functions inhouse resulting ultimately in lower costs
    These things all need time to bear fruit and i think recent support from brokers not traditionally aligned with AMU may well signal a turning of sentiment. Not out of the woods yet still a bit of deadwood to be cleared from the register.

    Trade sale was an outcome that remains up their sleeve and IMO we will begin to see consolidation withn the industry driving sp's higher and AMU looks a pretty attractive target imo

    Monthly is out

    looks good ... these workovers have been highly productive in the past
    Sales from Longville kicking in and drilling ahead at Halletsville

 
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