Ann: Appendix 3B , page-14

My opinion on MDA,,,I may be entirely wrong but here goes...
Price has tried to hold in the past few months but it is down at close to all time lows.
The strength of OZ dollar in not helping
Dillution is not helping
sinve GFC, unstable down markets the past 2-3 months not helping
fustrated holders are selling maybe due to tax losses,rather buy alternative stocks on uptrend,,tired of waiting, hitting stop losses,,,ect ect

NOW FOR THE POSITIVES:If you were gonna buy why not buy now close or at lows,prices of things including oil, gas, minerals are based on the supply and demand...Oil has gone from 30 something to 100 odd since peak of GFC due to increase demand, better looking enonomy..gas prices are still near lows BECAUSE there is more Gas being produced in the US than being used, consumed, stored,,,basically very little demand thus the low price on gas..

NEXT FEW YEARS: gas drilling is down huge the past year due to gas not being protibale at these levels..understandible....problem is that when the US manufacturing, gas demand increses which it should,,,will there be enough Gas as drilling has been down,,gas producers need to continue drilling to keep their production up as the amounts of gas a well produces drops over time....

I think now is time to buy,potentially cheaper drilling, demand should recover with a bit of luck, increasing capacity now for the next gas rally may pay dividends, this stock hopefully has a good resource to last well into future,,,with increased attention to climate change maybe there will be bigger demand for gas in the future as its a cleaner enrgy then coal...Oil is expensive to find, peak oil has been reached so as oil prices rise dont you think gas will follow when enonomies improve...

DYOR,,,this is just my take on things,,,it may be a dream but this is why i am accumulating MDA...good luck,,,excuse spelling,,,If we get some volume flowing and gas prices rise over next years years this could be a bargain....I Hope