I guess I was trying to work out what type of measure it was(productivity,profitability, revenue stream, unit value for oil). Is it measure of implied revenue stream of an entity if we assume AMU produces an average 1,150 BBL,and EV less cash = $34.2m , hence implied revenue from 1,150bbl is $29,739 per day say against what 1,150 BBL would earn daily @ USD 100 per BBL this would imply USD daily revenue of USD 115,000. Therefore is it saying based on the current economic value assigned less cash ($34.2) the assigned revenue stream is only $29,739 per day as opposed to the actual of USD 115,000. Or am I on the wrong track completely.
Have emailed the company but no reply yet.
AMU Price at posting:
21.5¢ Sentiment: ST Buy Disclosure: Held
