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I hold another stock, Mt Gibson Iron (MGX) - Iron Ore producer. Search my postings on this company - all positive and few and far between. Their quarterly reports are boring because they're all so predictable - no suprises. Accurate and factual. I know they're producing from two sites - Tallering Peak and Koolan Island at a rate of 5 million tonnes, ramping up to 7.5million by June 2009 and 10 million by June 2010 when they bring their Extension Hill project on line. They have recently stated that they now wish to grow to a 15-20 million tonne per year company and are looking at scrip acquisitions. I sleep soundly about this company and I have seen my wealth in this stock grow 400% in the past twelve months evnthough I've held the stock for several years. Never got frustrated as management were great with annoucements, even the bad news. It is mining afterall. I'll say no more. The onus is on MAE to demonstrate they are producing at the significant levels they have indicated for two years. Frankly mate, until they get to a stabilised rate of production of about 15mmcft/day, they are not a sustainable business. I'm not saying they won't get there, but to date they have done little to instil any confidence that they will be producing at 20-25mmcft/day in the latter end of the June quarter. And I will be the doubting Thomas in that I will believe it only when I see it. I will not live in hope because to date they have given little confidence to believe anything they say. I'm glad you're on board and have 110% confidence. I only follow their company annoucements and make judgements accordingly. Remember in the March Quarter 2006, they said (page 7) that they had 8 wells on production within another 4 to brought online in the near future. They indicated daily production rates of 3.75mmcft with annual cash flow of $US10million. That was two years ago. How much cash flow/income have they generated in those two years? Sorry mate I didn't spend 6 years at University getting a law degree to write rubbish. I work on evidence presented and facts, not speculation.