impressive future - hugely undervalued , page-3

Like and agree with your thinking Splain. One nagging doubt is that the market doesn't seem to like this company a hell of a lot at present ... too boring, too predictable, all land based wells instead of more sexy offshore acreage .. I dunno but it just refuses to head higher while all the oilers around keep truckin' on. AMU was probably higher ( 86c/87c ) when oil was at $60 , now we're at $67.30 , AMU has found several more productive wells in the meantime and here we are still stuck at 85c. I see someone has just dumped 50k at 85c. Warren Buffett is always of the opinion that what 2 other people want to trade their stock at in a company you hold should never influence your situation .. sometimes it can be hard not to notice that a stock you think is heavily undervalued just refuses to be re-rated by a market that lets face it just loves oil stocks at present. Might have to go and buy some more !!