Clearly the note from Don on the speeding ticket that MAD...

Clearly the note from Don on the speeding ticket that MAD received today dispels much of the speculation that there are issues with the Gulf deal.
IMO the average punter was copping a beating from larger players doubled with some perceived risk that the deal was not looking viable.
The volume today is unbelievable. And for every seller there was a buyer so plenty of people willing to snap up cheap stock.
IMO with the announcement tomorrow or early next week (according to the last note to market) we should see a nice lift and with a bit of luck MAD will settle back home over +$1.00
Production update or not SP is also driven on promise of future growth and with a signed JV it should help give the doubters a little less to worry about.