My understanding is that the broker community have a buy recommendation on MAD with valuations ranging from $1.60 up to $4.60!
But, clearly, they have no idea do they.
I will agree with you on one key point and thats production.....700 BOPD is a starting point but the aim needs to be 1500-2000 BOPD and I'm sure that will be the key focus of MAD now to get there.
GLTA.
Cheers, Snagger
FDM Price at posting:
93.5¢ Sentiment: LT Buy Disclosure: Held