so why mad sp dropped so much today?, page-4

Nature of the beast......I can't imagine there being any bad news coming this way soon.

Whilst the SP is based predominantly on reserves the peaks and troughs of MAD will be bigger than most. Have a look at the SP of Karoon over the last couple of years because they are reserves based only.....up and down like a $2 hooker.

When production comes through at higher rates then hold on to your seat....the rise will be sensational and the SP will stabilise when this happens!!