What makes this idrector so special? wasn't Jay S meant to be a super dooper expert that could get the field producing?
Well he didn't so how does a financial director actually contribute to improving the in field results? he doesn't he's put there by the creditors to control the company thats it. No white knight as you would all hope.
Who would pay 27 mill for it well they bought it at fire sale prices. $27 mill is peanuts, consider that shareholder equity is over $200 mill and over $60 mill has been spent on infrastructure.
Big gas co's have EXPERTS in their fields who is Marions "expert" in the field getting results? Are they really "experts" seems like they can't frac a well to save their lives.
They should refocus their company from gas to finance they sure are good at convincing people to throw good more after bad. Maybe the should work at Goldman Sachs.
I would happily put down $10K as a bet that you will all still be posting delusions of gradeur at the end of the year and MAE will still have failed to deliver any meaningful gas production.
Perhaps we can have a friendly guessing comp. What is MAE's daily production going to be Dec 1st 2013. I'll start <1mmcf per day. I'll keep a list and report the results on Dec 1st.
MAE Price at posting:
0.6¢ Sentiment: Sell Disclosure: Not Held
