MAE
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0.00% 0.0¢ marion energy limited

re: Ann: US$10.5 million increase in Bank Fac... Interesting...

  1. Matto300
    77 Posts.
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    30/01/09
    11:57
    Post #: 4742584
    re: Ann: US$10.5 million increase in Bank Fac... Interesting that they have issued options as part of the deal excercisable at $0.30.

    Although this may signal delays in our anticipated timeframes, i would think this is a positive step as it removes significant uncertainty around cash flow and refiancing risk is all but gone now...
    MAE Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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