Magellan Energy, Ltd. (MGLG)

[NotTheTree]

I was actually getting ready to argue with you and ordinary that production numbers are not what we actually want, that real revenue numbers are. But honestly, I think if we had a bunch of really impressive looking numbers with MCF and BTU after them, we would be better off. Any chump can calculate a PPS from a revenue number and will see that it is probably not that impressive. Even with flow numbers, most wont realize that they give 50% of revenue produced to TMD. So yes, I agree that confusing, technical numbers would be the best for the shareholders who are playing this for a run!!
I do think though, that if they gave a VERY comprehensive "update" type PR, which included info on every one of their projects, but still didnt give flow numbers for the lankford lease, that it would run. If (IF IF IF) you saw in a shareholder update that the wells on the PAUL project were still producing 50 BOPD, and that they were finally opening some of the wells on the martin waterflood project and planned to use some of the funds for a small share buyback, would you see that as positive? Maybe this falls into the same type of PR that you say we need, but would still be considered a shareholder update.
I am not trying to nail you on semantics, but magellan does have a few irons in the fire and all the emphasis doesnt need to be on the lankford lease. So whether they have the numbers or not, a shareholder update along those (very optimistic) lines could be very good for the stock.