AMU amadeus energy limited

re: fantastic drilling success - for fmblack thanks for that...

  1. 396 Posts.
    re: fantastic drilling success - for fmblack thanks for that fmblack.

    I'll have a squiz just to reinforce my bias! I reckon that 90 cent mark is still underdone - but obviously any estimated value is going to be sensitive to the assumptions used. For example, future oil and gas price direction, A$:US$ exchange rate, drill success and flow rates expected (major factors), and performance of biodiesel.

    Expect plenty more interest when the results of production testing of the swag of recent successful oil and gas wells is announced.

    Best wishes to all who sail on the good ship AMU.
 
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