AMU amadeus energy limited
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looking great for the bulls imho, page-2

  1. Fibonarchery
    12,525 Posts.
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    07/11/12
    00:30
    Post #: 10965527
    Does look good value here after the sp recently fell off a cliff.

    Sales revenue for the 1/4 was $5.4 million

    OPEX, exploration and development were $5.5 million.

    It's good they are running at almost cashflow neutral but I'd prefer it if they were cashflow positive, which would be easy to achieve just by reducing development spend by 15%.
    AMU Price at posting: 20.5¢ Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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