MAE marion energy limited

announcement out, page-10

  1. 682 Posts.
    Can't be right McLeod .
    Because there has never been an example of banks and creditors walking away leaving value to shareholders .

    And the new financier taking repayments out of net operating revenue - never ever happens.

    Again why beauracrats don't run businesses they can't think outside the square .

    Seriously price on relisting may be a little higher than .006 as current value is just over 7 mill and they will have 7 mill in the bank to use operationally but is would need to see some positive well news before it gets to say 2-3 c . There are however min 2 months before relisting and the sun shines for a few more months so should be more operational news as it moves along .

    A day to smile .
 
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