I always enjoy your analytical and well argued posts, Red Baron....

I always enjoy your analytical and well argued posts, Red Baron. As corny as this may sound, MAD is in the box seat to reap the benefits of the current state of the oil market. Like you, I'm not fussed about the cash position as the company has reduced cash burn to a trickle and should comfortably see out the next 12 months without the need for a capital raising - 12 months in this game is a long time and predicting the POO is a mugs game (I'm sure Putin is doing his best to destabilise the middle east even further to get the POO moving north. Who knows, Israel might even attack Iran's nuclear power plants. Many sources of instability in that part of the world). Also, let's not forget MAD still has a $500M credit facility and potential equity partners for acquisitions waiting in the wings. Finance is the least of my worries.