impressive future - hugely undervalued , page-7

I think hugely under-valued is a bit of an understatement !!. The ARW stake is now worth 30c/sh so the rest of AMU is being valued at 67c. That's a business that conservatively will earn 15cps this year assuming oil at ave. $55 and gas at $7.50 . Currently we are roughly 15% higher on POO and almost 50% higher on gas !!!. So a business that will double production this year and has a very nice suite of exploration targets is on a prospective PE of 4.5 !! Something not quite right here, what am I missing or is this a SCREAMING buy at anything less than say $1.20 ( eff. 90c or PE of 6 stripping out 30c val for ARW stake )

Disc: Hold 65,212 having bgt more today at 97.5