vicksburg well, page-44

Sharks37, a hypothetical question. In your thinking, have you allowed for the possibility of MAD failing? Do you have an exit/risk management strategy? Just curious. For me, MAD is now a high risk proposition. I'm not a large holder (I was in 2011) and I have allowed for the possibility that the company may fail if it fails to ramp up production and generate positive cash flows. Now, not for a moment am I saying MAD will fail, but I have allowed for this possibility as part of my risk management framework/assessment.