Not much happening lately in the AGM presentation they said they will focus on the blue ridge dome for the next 6 month before releasing information regarding the forward plan for the other fields. not a surprise it is easily seen how many rigs are needed to drill blue ridge alone.
Listing as an ADR in the USA which is just a US dollar holding of mavericks Australian listed stock. which is the best way to do it will they raise capital is the real question? probably small dilution if so.
Need good results from blue ridge to guide us for the next few months the testing results of high bopd from various locations around the dome is encouraging.
Hard for maverick to move much faster unless they hit a gusher 200+bopd.
my 2 cents for the day.
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