MAE 0.00% 0.0¢ marion energy limited

investors, page-88

  1. 1,451 Posts.
    dont know why they marked todays news as market sensitive it was telling us zip about the important factors.

    I just want them to make good on the promise of stable high flow rates, 20mmcf per day has been touted as a gal for over 3 motnhs what the hell is going on with the flow rates. Great GS is on board, Were drilling more wells & don't seem to have a problem with raising cash atm but why the hell does it take so long to get the flows up?

    Im still waiting for a real answer to this question having talked to directors, talked to you guys and searched for company info I still have no difinitive answer.

    If they are sidelining the push to 20mmcf to drill wells and it is irelevant for the reserve rate why not say so, why make a strong point of commenting on the flow rates in every quarterly. Even the Pato's reports were based on flow rates, they even downgraded the outlook because MAE hadn't delivered since that they went to 3-6mmcf and Pato's upgrades.

    Seriously how long has it been since they first said 20mmcf IMMINENTLY, march / apil this year......

    How can any small investor without big industry and sector knowledge and contacts make a sound decision?

    I take the risk but untill I get something solid im still 70/30 % about success of MAE in selling THIS YEAR, and I will sell the lot happily for $2.
 
watchlist Created with Sketch. Add MAE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.