MAE 0.00% 0.0¢ marion energy limited

40 cents next stop, page-26

  1. DJ1
    3,541 Posts.
    Dark Cloud - MAE has more risk than other spec stocks in this market. Most other explorers/startup producers have relied on capital funding, however MAE has debt.. which is due for repayment in the middle of a recession.

    Jeeper perhaps your right about refinancing of debt, but I don't rate it an 80/20 chance. I have seen many quality businesses go under because of debt issues in this market.. cash is very hard to come buy, every for cash flow positive businesses. The only way they will get an extension is if GS can show they have suitors ready to make an offer.

    As for 25c, it's closer to that then the $1.50 prediction everyone else on here seems to make :)
 
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