MAE 0.00% 0.0¢ marion energy limited

re: Ann: US$10.5 million increase in Bank Fac... DJ1 - you have...

  1. 173 Posts.
    re: Ann: US$10.5 million increase in Bank Fac... DJ1 - you have AGAIN contradicted yourself.
    You time & time again stated that if they have not got stabilised gas flows the assets are worthless ie. liquidation.
    Remember:
    "*who cares about 1P or 2P as they have no value without gas flows;
    *who cares about the $A conversion if you have no assets etc. etc."
    Would any lender provide additional funding if they did not feel there was ample security & the compnany can service the debt?
 
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