Well fellow MADers, what a year we have had.We started the year...

Well fellow MADers, what a year we have had.

We started the year at 1.20, hit a high of 1.495 and then retraced all the way back down to 30c.

Our production has increased from c 600bopd to 1500bopd and our cash position has gone from being negligible to having over 50M in the bank, thanks largely to an excellently timed placement at 1.02

Our reserves have increased throughout the year & we have begun to farm-out some of the wells via the gulf south program, resulting in additional working capital

The fleet of rigs & equipment has also increased significantly over the year

FY2013 saw a new director join the board & the cumulative director holdings were released from escrow. These has been aggressive director buying of late & collectively they own c. 25% of the shares on issue

We also joined & then were kicked out of the asx200.

This year has also seen the powerful impact (positively & negatively) 3rd party periodicals ( motley fool et. at. ) can have on the SP.

Going forward, I strongly believe we are well positioned for sustained production growth, coupled with the odd positive upside surprise.

All-in-all we have a bright future & are entering an exciting time where the company is ripe for a takeover as the production levels are finally getting interesting.

All I ask from all posters, is that you please not have personal fights on this forum, take all of that offline.

Good luck to all.