MAE 0.00% 0.0¢ marion energy limited

another chat with pete, page-5

  1. 27,630 Posts.
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    no worries guys,

    look at it this way, the down side is back to 20c, and business as usual before the whole lets sell it was propped up.

    But lets not forget, that the 20c level, was at a time when the market was still in full on fear and gloom.

    We have made a lot of headway since then, fear indices pulling their heads in, and finacial armagheddon averted it seems atm anyway.

    So a queston worth pondering, what is mae worth with a JV partner able to help develope the field?

    And what is mae worth, plodding along, and getting some more results on resource, and flow rates?

    At 33c, the downside for a company with 139BCF of 1p, doesnt seem that much further, while offering what we all hope GS can deliver.

    I hold for the process to deliver, or re-acess next.

    cheers
 
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