brokers report

I have just received a brokers report on MAE

Its from Lodge Partners Research.Hopefully MAE will have a copy on its Home Page.

For a detailed 9 page copy......Contact Peter Cameron: +61 3 9200 7032
[email protected]


Just the first paragraph....................

We commence coverage on MAE with a BUY recommendation and
a 12 month price target of $0.08 per share. The recent re-capitalisation
has consolidated the company?s debt and provided a realistic repayment
schedule which will allow MAE to focus on its core gas development
asset in Clear Creek, Utah. Workovers of five wells are currently in
progress which will see the imminent re-commencement of production
and gas sales.
? Clear Creek is an under-developed gas field that historically provided