AMU's fundamental attractions are better now than when it was pushing into the $1.20's - go figure! Recent Lavaca County success (3 from 3) bodes well for their 18 well back-to-back program on that ground. And I think their working interest is around 50% for this next batch, so success will mean a lot more. ARW due to commission both plants in the very near future, so that too should give the share price a decent kick along (AMU's holding at current prices is worth about 30cents a share.
It is going to be a cracker of a year for AMU, so the retrace from the $1.20s just represents a better buying opportunity. Seems like a 'buy and hold and sleep at night' share to me.
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