AMU amadeus energy limited

ARW is history guys. AMU has written it offfocus on gas...

  1. nk
    3,204 Posts.
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    ARW is history guys. AMU has written it off

    focus on gas production and gas price

    My forecast is gas production to hit 2millionmcf paand oil at 600,000 barrel pawithin 12 months


    gas price in US will reach parity with world next 12 months at US$15

    margin on gas is say $12 x 2million $24million ayear

    margin on oil say $50 x 600,000 is $30million

    forward cash flow 2009 year say $50million ayear

    market cap now $100 million

    no brainer

    I am conformtable with reserve replacement and cost of reserve replacement

    my forecast is conservative

    management is great

    AMU will be $2 in 18 months
 
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