Well there going to drill 38 wells this year. They said that 4-6 weeks ago, but it seems like none of these wells have been drilled yet and i'm not sure when there starting. So it may be 2 months that MAE has slowly drifted down.
However, given their high strike rate and the number of wells to be drilled (say 1-2 per week) once they get going it should be exciting as they have 3 years worth of drilling set out.
Mayby they need to finalise the 20m placement before kicking off?
Mookie.
MAE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held