MAE marion energy limited

finance , page-15

  1. 4,560 Posts.
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    Read the announcement.

    It says "......while it completes the necessary documentation pertaining to an
    increase in the amount of funds available from its total facilities and to further
    extend the maturity date."

    I don't read that as first applying, but rather dotting the i's & crossing the t's on the new package. We've had all this doom & gloom relating to the 8th June, yet Marion don't even rate it as market sensitive. I stand by my earlier post where I stated the Director's will be more interested in getting their own personal finance sorted re the options.

    Now the World isn't going to come to an end on Tuesday, maybe we can get back to what Marion is about. No not production, but the sale of Marion.
    Good to see oil & gas prices firming again, pity about the weakening USD.

    Also when they exercise their options, what do you think it'll do to the sp?

 
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