under 20, page-8

pcaruso, I believe you have been faily balanced in your discussion, especially re yeager. He is like you say 8 months into his one yr commitment, and he has yet done not much during that time, except close the contract drilling part of the company. Production is down, cash burn is still high. High impact wells seem to be hit and a lot of misses. No new acerage has been bought, infact a lot of acerage has been sold or returned. Not a really inspired record. But who knows yeager may be a late bloomer. If its too hard for him, no doubt he will move on, those statements he made before he started will haunt him, as investors will always refer to them. Double production and double the share price in a year.

As for the share price, I think we can comfortably assume now, mad is not valued as a production company. More of an exploration company with a little bit of production. Like a Akk, tex, ssn, etc

Cant believe it touched the teens