AMU amadeus energy limited

Hi SkitzoYou summed up AMU's profile and comparative advantages...

  1. 749 Posts.
    Hi Skitzo

    You summed up AMU's profile and comparative advantages very succinctly. Your last point about management not promoting hard enough may have some credence. A point made by the OGW a while ago was that AMU tended to deliver its production figures in summarized monthly reports rather than building market interest through announcements about single, upcoming wells, as many other juniors do. That being conceded, I vastly prefer those who under-play what they've got to those who promise the earth and deliver a pocketful of dust.

    Perhaps AMU's under-valuation relative to peers is also explained by the location of its assets in the U.S. - an out-of-sight-out of-mind kind of thing - although I would have thought producing acreage in famous oil-rich states like Kansas and Texas would have been enough to lend credibility.

    All in all, I think we just have to be patient. I tell you what though; if it drops back any more I'll rent advertising space on my forehead to get more stock!

    Good luck,

    Gupper
 
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