akgoreserves valued at US$219mless debt US$67mequals US$152mthis...

akgo

reserves valued at US$219m
less debt US$67m
equals US$152m
this translates to A$90c p/s
currently trading at 56.5c
seriously underpriced as tim Treadgold pointed out in the west australian on w-end
and supported by recent ABNAmro valuation (on AMU website) which valued Amadeus at A$1.71 less debt gave an estimate of A$1.22 per share as a sum of parts valuation.

At this price and finally some media coverage recognising how undervalued AMU is and a new COO to promote the Co finally we may see Amadeus price heading North.
AMU 1 of only 2 aussie Co operating profitably in the US enjoying qtr on qtr record revenues and enviable drilling success from an accelerated drill campaign

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Reservoir Dog