MAE 0.00% 0.0¢ marion energy limited

food for thought, page-14

  1. 8,606 Posts.
    Gonesolow,

    You said:

    "I know that flow rates are there, we have all seen a glimse of them. But beyond that no one is sure are they? This 20mmcf day was always touted by JC as a given. I was there at the last AGM".
    I agree wholeheartedly and i also know of flow rates, beyond a reasonable doubt (which is all i ever base my investments on).

    The Directors have stated openly that they support honesty and transparency and dont want to say or do anything that breachs any laws and causes corporate charge (in my own words), such as times when we were hearing good well flows....and asked why they werent buying shares....
    They have always been straight - i thought and will continue to until i hear more - i always guaged the level of confidence or lack of, in our discussions.
    Something is going on here, becasue they have been manipulated somewhere along the line and now they are throwing the baby out with the bath water as far as im concerned. Some of us dont deserve this silence, for our loyalty, transparency and honesty and this situation goes against everything therefore - including the fact that we had flows and they were reported by several parties.

    What is the issue here is reporting, not mistruths or truths etc...but the issue is that without reporting and in combination with rumour there is a deadly cocktail - truths and mistruths are brought into light by way of sorting, or transforming, the ambiguity of rumour from, and into, a crystal clear separation of reality and myth.

    This complaint of mine is about how a company should be providing reliable and up to date market information and how company updates masterfully dispell and overrule any lingering imagination of the market.
    In this regard, and as necessary in any given ASX companies discourse, announcements have dual purpose and semingly, this is not apparent to those who need to hear it most.

    Cheers


    Lautrec



 
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