MAE 0.00% 0.0¢ marion energy limited

announcement out, page-28

  1. 2,923 Posts.
    lightbulb Created with Sketch. 123
    One wonders how much money is left in the kitty.
    There was $7m plus the cap raise.
    If they are trying to relist the cost of consultants will be high.
    Directors salaries, the cost of plugging wells, fixing the broken water pipeline, mechanical integrity tests...
    Fracture stimulating Both Oman wells..
    A rig was up at clear creek for a few months
    A pre Christmas AGM now getting unlikely.
    Relisting if it occurs is now more like late January early February..
    By then the bank balance surely must be close to zero.
 
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