latch, I don't think its fair to compare ozl with mae.
Marion have only a US$25.5m debt which isn't due to be rolled over till mid June. For sure before investing in any company you need to look at its debt, I have - and mae's assets far exceed its debt. At 7.5mmcf it is cash flow positive ie allows for loan repayments, profit comes after that.
It is my opinion the next Qtrly update, due by the 31st will show we are producing at above breakeven rates.
I don't think they'd be busting their gut in those sub zero temperatures if they thought the curtain would fall in June, nor do I think GS would have anything to do with them.
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