AMU 0.00% 21.0¢ amadeus energy limited

copped a mention in fin review yesterday

  1. 630 Posts.
    Fin Review 11/11 p. 29
    Taking Stock

    Nice little mention in the Fin. comments on how AMU profits set to be positively affected by fall in aussie$$
    ABN has cut sp forecast from 82c - 73c, one assumes this is to take account of lower oil/gas prices. Easy to forget that AMU lifting costs are very low at around $15boe and that hedging is proving to be a good thing also, helping to protect the bottom line. How things change !
    As usual ABN seem to have allowed very little for near term exploration success (not really suprised as they are a conservative lot) which is the focus of the Co atm and will have a dramatic influence in Q1 + Q2 09 on both reserves and revenue (even with partial success)
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