AMU amadeus energy limited

off again, page-11

  1. 7,578 Posts.
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    If you look at the table presented by Bill Gruy, which is at the end of the Chairman's report, it is not easy to tell the significance of Hermes#1, as the table seems to accumulate a number of prospects. Gruy's table shows 14 wells, representing potential net cash flow annually of 30c to AMU, worth $3US to the share price. So, perhaps this one has the potential to add around 2c/annum to cash flow and is maybe worth 20cUS in value, working on simple averages.
 
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Currently unlisted public company.

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