nk You've hit the proverbial nail on the head as far as im concerned. the increased focus on gas coupled with the aggressive drill campaign is the key to AMU price re-rate, imho. Quarterly shows record revenue again, cash cash and more cash. O & G fundamenals are very strong and energy stocks will be a focus in 2008/2009. Market here still weak, buyers gunshy in smallcaps. New investors are required but difficult to entice in these conditions, patience required. Doesnt matter which way you look at it,Amadeus very cheap at these prices. Aggressive drilling program is self funding with new targets being constantly generated. Aussie market has never really understood US O &G stocks as you pointed out. Soon i believe this will change as the fundamentals are beginning to make a compelling case for profitable longlife producers.
Reservoir Dog
AMU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
