MAE 0.00% 0.0¢ marion energy limited

winter is coming, page-2

  1. 51 Posts.
    Winter is a bonus. More importantly results are coming. as i've continually stated, patience will be rewarded on this one. Company is in no rush, in laymans terms....results have been slower than anticipated due to the way they are fracking the wells. This process can cost around $100k a well, using there current method its the cost of turning on a light bulb.
    Granting they've erred in giving timelines but if they get thru the 32 wells by Dec 31 or end of January they dont mind and i dont mind. They are more concerned with managing cost which really is an enormous positive for shareholders. They care how they spend our money. In saying all that they will still get very close to the 32 target and all indications are they are very exciting numbers.
 
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