P&D, lol.
Max, so what happened to you??
Back on 17th you said:
"Wish I bought some the other day ... oh well thats life.
Amazing what an announcement & a little hype will do : like sharks in a feeding frenzy.
To bad for the down rampers who missed out on making a few easy bucks....
Good luck to MAE & ODY crew"
You were full or heart back the
And then back on 2nd December, the price was just 21c
"either a great buy or something is on the nose / incredibly tempted to buy some more but I may make a few calls first.
Obviously no ASX speeding ticket for driving in reverse"
No need to get funny about it, you have at least watched this stock for a few months now.
Have you not read a single announcement since then?
If you had, you would have understood what's going on.
As Lautrec said, not a P&D like many stocks, there are few decent NG stocks around and even less up for sale
MAE couldnt afford to develop their feilds themselves, so are now up for sale to those with cash reserves and cash to develop, or a JVC partner o such
It's not rocket science. MC should be valued closer to the 40c mark and if we see an upgrade then well, take that figure and increase it substantially.
DJ1, no one is comparing reserves and production values I think to PES, I think it's obvious it's just a matter of similarities in opportunity, on different projects and values, but mainly the fact that gas plays are the significant market babies right now and MAE has publicly announced their intention to sell, through a reputable vendor and all we need do now is wait and see who and at what price
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