MAE 0.00% 0.0¢ marion energy limited

5c floor, page-22

  1. 146 Posts.
    Is this company spending approx 6 million every 3 months.

    820,000 cash at bank at end of last quarter, plus 2 million + from capital raising.

    Have to pay 5 million to bank by June 2010.

    And another 5 million Sep 2010.

    Any input on how banks will be paid 10 million by September?

    Have not calculated the gas flow rates, from the one existing gas well. Is this enough?



 
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Currently unlisted public company.

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