MAE 0.00% 0.0¢ marion energy limited

something is brewing, page-8

  1. 4,111 Posts.
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    Some of Hcrabs previous posts:

    1 The water well is not approved as its not shown on the Utah O&G website.
    2 They have no test flows as its not shown on the O&G website
    3 They wont do a SPP as it requires a disclosure statement
    4 It will take an EGM to approve the SPP issue because of 15% rule
    5 Lobo court case to cost marion $5m
    6 Marion are broke - no money
    7 We're going to have a massive dump on market from TTT

    and the list goes on

    But we know:
    1 the water well was approved as announced & they weren't using expensive trucking as claimed
    2 Testing is usually flaring to atmosphere - standard practice
    3 SPP announced & done
    4 SPPs not subject to 15% rule
    5 Settled for $800k reducing a debt already on the balance sheet!
    6 Since last Quarterly $1.1m + $3.2 from SPP raised + Convertible notes available
    7 Still waiting

    You have to ask yourself, why does he spend so much time researching only the downside of a stock he doesn't hold.
    As I think cacoethes said - Cheer up.
 
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