The company is expecting its target to reach 8mmcf of gas per day by September. Can I have some help here on how much cashflow would be expected from that?
This situation looks as though it can be sorted if the water situation is fixed (as it looks like it is being)and gas flows but I would like some clarification of how much 8mmcf per day would mean for MAE.
Also does this look like a rights issue is coming up? Only shareholders to be able to participate or is something else on the cards?
MAE Price at posting:
2.3¢ Sentiment: Buy Disclosure: Not Held
