with all the hype or lack of around the qtrly report out in now 8 days. I for one dont thing the world will end. You dont have to be a rocket scientist to know there will be stuff all cashflow as the cashflow ended on 30/9. it is only just now that the hydrates have been sorted and prod'n is starting. We will probably be out of cash or close to but with everything that is riding on this i think the directors will have it covered. there will probably be no reserves increase cause in this current market it may drive the sp to 35c. THe only good thing to come out of it will probably be that one of the rr wells is now producing steadily. To me that would be enough to say everything is still on track and just sit tight.
MAE Price at posting:
32.0¢ Sentiment: Hold Disclosure: Held
