MAE marion energy limited

asset sale

  1. 4,837 Posts.
    MAE must sell their assets to the highest bidder as debt expires shortly and revenue is insignificant at current flow rates/gas prices.....lets hope that the final price will be high enough that shareholders receive a return after debts are paid out.......Directors should be getting nervous the way things are going, it sounds like the current quarters challenging environment will have sucked up a significant amount of that extra debt that was made available at the start of the quarter.....could they now find themselves in a position where there is no cash left or debt available for next quarter?????...

    Would the last one to leave please turnoff the lights!!!
 
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