Red2 if MAE were able to produce gas they wouldnt be in the...

Red2
if MAE were able to produce gas they wouldnt be in the position where just about the only option is to dump the company at what is likely the bottom of the market....Gas prices are so low and cash is so short that the production option was wasted a long time ago.....The big buyers are well positioned to sit back and wait until the assets are forced to be sold at whatever price can be acheived.....It may well come down to a rights issue....that would at least keep the directors comfortably paid for a while longer...if they did go down this path it may well be down sub 15c....depending on whether any large institutions were willing to support them.....