key takeouts , page-5

ABN in Jan 08 valued AMU at about a buck

I checked their methodolgy and of course they are very conservative with oil/gas price

using $100 oil and $10 gas you would probably get the value to $1.50ish

problem is there are dozens of high quality ASX compnaies trading at these discounts

I like AMU as a low ( actually close to zero)exploration play. I'm there in case they get lucky and hit something big, company transforming. Thats the main reason to hold