MAE
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0.00% 0.0¢ marion energy limited

mae future direction, page-11

  1. hcraboc
    2,923 Posts.
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    05/05/11
    12:13
    Post #: 8357700
    The two are not incompatible.
    They could get the JV and avoid Chapter 11 or they could go into Chapter 11 and get out via a JV
    Fact is without considerable extra cash from somewhere the project is going nowhere.
    So money is required but at what cost to shareholders?
    MAE Price at posting: 2.2¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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