chart - one for the watchlist, page-47

Sdaji, thanks for the clarification. Cheers. I sold out totally today. Not because I don't see a future in MAD - totally to do with my risk management strategy (which I've previously disclosed) and my stop loss price being breached. I will continue to monitor the stock. Re sentiment, I'm reluctant to put a sell on the stock and will stick with a "none" sentiment. A final word. I think Nando may be correct when he says MAD is not be good at producing oil. Mind you, half a million barrels per annum is OK volume. However, I believe there's a difference between drilling for the stuff and producing the oil. Different business models and key success factors. Maverick's background has been drilling. The challenge for Mike Yaeger is to turn the operation into an efficient and sustainable oil producer.