MAE 0.00% 0.0¢ marion energy limited

Thanks JeepsIRR next few days , hopefully before the quarterly...

  1. 682 Posts.
    Thanks Jeeps

    IRR next few days , hopefully before the quarterly but not guarantees. Quarterly due on about wed/thurs next week so could be another week before any news.
    Another week before potential buyers can access the data room.
    Gee these guys like to cut it fine.
    There is a very large resource in ground but in my discussions with PC he always seemed to downplay the increase in 2P reserves stateing establishing 1P would be the main part of this report. Did you get the same impression ?
    Does anyone think the asset is worth the $2.50 US per share mentioned in Pattersons November report ?
 
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