AMU amadeus energy limited

From my last convo with Mr T it will take longer than a month to...

  1. MJS
    2,294 Posts.
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    From my last convo with Mr T it will take longer than a month to know the extent of the find. Will likely take a couple of months to bring online, and then a few more months to see what kind of flow rate it stablises at. So maybe by August we will have a very good feel for what we own.

    Having said that, the initial flow rate will be a good indicator and touch wood enough of an inpetus to put some spring into the SP.

    Even though AMU fell today never much selling depth. Just closed off with buyers coming in to match the seller even though finished at 62c. Big fall % wise, buyers didn't overly back away. More seems like they too the weak market and disappointment over the wait as a chance to let holders sell down to them.

    MJS
 
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