MAE marion energy limited

re: Ann: Targets Gas Production of 15 mmcf pe... kiwinot...

  1. 1,723 Posts.
    re: Ann: Targets Gas Production of 15 mmcf pe... kiwi

    not challenging what you say, but is there any chance that this will work out?

    My rough calcs suggest that, in broad terms, income by years end could be $20m, and debt $52m; so not a terrible ratio, even assuming a bit of hyperbole.

    The operations sound to be low cost, almost insignificant in context, but of course some funds needed.

    So is this totally unrealistic?

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.