multi bagger this year, page-153

Sydtrader. its all a risk, I've been buying since the low 40's and have bought some yesterday at 76c, obviously would have been better waiting for today but then maybe they will go back up tomorrow, still nerve wracking in nay case. If they go lower I may buy more but am close to my limit of money to spend.
MAD appears to be a stock where the wells are cheap (~$240K), not high producers but with long lives, and each well is a relatively small risk. After a time the market will see that they know what they are doing or that blue ridge is it and nothing else is there.
Even if that is the case, i think that on fundamentals and likely cash flow & profits from Blue-R alone, the price would bounce back to these levels, so you'd at least be able to breakeven at these prices after a year or 2.

If MAD replicate what they are doing here at their other domes which are larger then, yes, this will go much higher, how much is the question.

As a matter of some comparison in terms of risk, i was reading in the local Perth rag about TAP oil. Just from the article alone i gleaned the following quick facts (not meant to be comprehensive), they have a cap of just over $200mill, with $100mill in cash, a jv over a 30mmBO field (1P i assume). So lots of cash and a share of some oil & some gas fields
But late in the year they are going to spend $60-80mill (maybe as a JV, article doesn't say) on just 1 well. That is risky. Of course the data indicates that the well 'may' have 1billion BO but thats a lot of money for just 1 well (all or nothing really) compared to the ~$240k/well that MAD apends, most of which have become producers so far.