AMU amadeus energy limited

Pokerfacedont mean to speak for kwaidan, I'm sure he will...

  1. 180 Posts.
    Pokerface

    dont mean to speak for kwaidan, I'm sure he will respond in his own time

    with regards Schwing#2, my understanding is that if it were to come in successfully and in line with expectations it would probably have an inground value (undeveloped) of around US$100m.
    One well at Schwing would net AMU approx revenue of $15m p.a with the well having cost about $8m. If you were to suppose that (all things going our way) they were to add another 3 wells then that could produce approx $60m p.a net to AMU.
    The target directly beneath has been identified as being around 10x larger and therefore if proven might have an inground value to AMU of $1bn. It sits at approx 18500 ft.

    Now we are talking serious dollars. If Schwing proves up then 60c-70c will be a distant memory.
 
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