Oz
I agree with most of what you say, cant have an oil company that doesnt do any drilling LOL, too much like watching paint dry imo
Reserves need to be replaced and production needs to increase.
I think its too early to be declaring a divvie at this stage, i would much prefer them to use those funds for debt reduction.
I think that AMU has a great mix of low/med/high risk assets but your right no one well will create a substantial rerate in the sp.
At some point a 'step change' is required, how that will be achieved ? i dont know
For now all i really want to see is the sp return to somewhere approaching fair value
- Forums
- ASX - By Stock
- getting the house in order
OzI agree with most of what you say, cant have an oil company...
-
- There are more pages in this discussion • 14 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)