Your on to it Kiwi.I agree 100% with what you have posted as below.
The reason I'm out of MAE right now is becasue I feel I do not have enough info about the company to make a decision. I want to get information of this reserve report. What are the initial well production figures waht are the rates of decline what are the economics of the wells. Right now all this info is locked up in the dataroom and I simply do not trust managment enough to go off their word alone. They have share options of coarse they'll paint a pretty picture when we ask questions.
I will be asking the company for more info about all i mentioned above. The reserve reort should have been released to the market not just snippets out of it in a ASX release.
MAE Price at posting:
34.0¢ Sentiment: None Disclosure: Not Held
