re: Ann: Marion Commences Major Restructuring...
The company does have assets, and a JV Partner may buy the assets. If they pay less than about $50M for them, shareholders will get nothing, and thats the big risk investors have in this company. Whoever takes over will need to pay Marion at least $50M for the assets and will need at least another $10M in cash to move the project anywhere.
Under current financial conditions, I find it doubtful that Marion will receive anywhere near this much money for these assets.
MAE Price at posting:
1.3¢ Sentiment: Sell Disclosure: Not Held