AMU 0.00% 21.0¢ amadeus energy limited

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  1. MJS
    2,273 Posts.
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    Game enough to get back on? That's assuming we got off in the first place. I rarely "trade" but more wait for specific events to unfold in a company that could or should add value. With AMU this is at least twofold:
    1/ The biodiesel fuel project. I've read that one plant could generate $6 mill profit. $4 mill of this is AMUs and they plan is it 5 or 6 in Australia? I want to wait to see this unfold as it could be a company maker
    2/ Red Creek prospect has been said to be worth more than double the current market cap of AMU - fully diluted for options
    I don't have a short-term price target but am willing to keep waiting as I expect these to have a substantial positive impact as they unfold over the next 12 to 24 months. I'm patient, and have been waiting with AMU for almost 3 years now (bought at 10.5 cents I think Nov 2002). I'm happy to wait longer.
 
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Currently unlisted public company.

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