announcement logic and caution, page-5

L2 Bros, are you back home from you China sojourn? According to my stock market mate (the technical analyst), MAE will consolidate in the $1.15-$1.25 range before a breakout to $1.50-$1.60 by month's end. I'm not a fan of technical analysis but to his credit he has picked the low and suggested that $1.01 would not be breached. Spot on so far. Not that it matters, how do you think MAE is faring with production? It was a beautifully drafted release today - nice soothing words about the lessons learned drilling and producing gas in virgin turf for over 30 years. Good on you Peter Collery and Co. I've been a critic in the past but credit where credit is due. Good to see they have discarded the terms "imminent" and "substantial". Just the plain facts with some good backup commentary.