AMU amadeus energy limited

in lieu of consultancy fees.long dated but well out of the money...

  1. 287 Posts.
    in lieu of consultancy fees.

    long dated but well out of the money (at moment).

    Likely to Dwayne Travelstead type in US op's most of who already have alot of skin in the game by way of part WI in current exploration fields/wells.

    Good sign. Money where your mouth is.

    Thing is while AMU continue to part hedge oil/gas at good levels ($8 gas, $52 oil) there is virtually no down side from here.. and already with just the hoffer well they will have at least a 100% increase in gas production (from a single well) alone.

    my opinion only DYOR
 
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