prediction sp today, page-22

2500! unless the oil magically gets its self out of the ground and into the truck you will be disappointed and sell making a loss. The sky will appear to be falling.

However if production is increasing commensurate with the number of wells drilled then as more wells are drilled production will rise to a level that will support a SP of $1.40.

The company didn't break promises, they changed strategy. Just like changing gears on a bike, bigger gear takes a while to get going but once up to speed travels faster than a lower gear.

I just can't believe the opportunity we have had over the past few weeks. In at 21c, sell down at $1.15, buy at 64c. I have more shares than I had at the start and my capital is in my pocket. Could have more with better timing but i'm not complaining. Opportunities like this don't come around very often.

MAD is a good example of the benefits of understanding a company strategy so you are able to look past quarterly numbers and take advantage of those who just react.

Once we hit ASX 200 the big boys came into the room and said BOO! I bet they were stoked that the little guys got MAD up to level they could play and the company switched strategy at the perfect time for them to enter.

Steady rising production from increased drilling makes it harder to play BOO so that game will be up today. Of course that scenario introduces a new game called who wants to buy the company (and reserves) before it gets up to full value.