I tend to agree Pokerface. However sentiment can influence...

I tend to agree Pokerface. However sentiment can influence outcomes and maybe (just maybe) if price of oil continues to increase then the hedged producers won't be the centre of attention. Well, not that AMU has been anyway.

Regardless, I tend to agree with you that AMU is producing substantial cashflow, that at current SP would be a price / cash flow ratio of around the 5 mark. Sounds cheap in my books. And this is before any material exploration result.

MJS