Basing my guess(es) on nothing more than what is in the 31.12 Activities Report (dated 30.1) I reckon we have about 15 to 20 more sleeps before being given the stabilsed production rates for the first 5 wells , and about the same for an announcement about the 2 ASD wells being on production (with a further wait for them to clean up and produce at steady rates). At least we dont have to speculate on the timing of the Reserves Report. Im tickled pink at the fashion in which Rex is rolling out- it is one of the 2 pins to knock over to secure Marions properous future and some decent production rates is the other. Im bullish on that 2nd pin being knocked over as well. Good (or bad) news often happens in 3s - still hoping for an announcement on hitting the black stuff again , but still happy if they dont (yet).
MAE Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
