MAE 0.00% 0.0¢ marion energy limited

asset sale, page-8

  1. 8,606 Posts.

    And some are distracted from the thing that is happening in front of them IMO.
    Our "actual" product has never been and was never intended to be our gas, flows, flowrates - only test rates and as the Director Jeff Clarke has said our Companies Reserves "demonstration".

    Wssentially, our product is and always has been our company and the directors stated years ago that the company was aiming to be sold - we never concentrated on the barrow some are pushing
    (and that is why we have had offers made on an entirely differnt barrow!).

    The company is for sale, not the gasflows etc per se.
    Our companies position, in relation to the already demonstrated reserves, creates our value and its proven underground to have a tangeable existance. Hence we are now up for sale with Goldman Sachs backing us as sales floor spruikers.

    We are going places already.
    Why would a few different buyers come and make an offer on another company - which doesnt have constant production
    - if they wanted a company with full production?

    Il say it again, we are being marketted as a certain company with a certain profile and hence offer certain opportunities to those who are interested in such opportunities.
    The distracting being aspects continually referred to are not in fact relevant to what we are selling and our companies potential sale.



    ***Speak to a Director and learn***
    ***Know exactly where your thinking is at***

    If you think independantly to the above two lines and you do not refer your understandings back to Directors, you may very well reach systematically subjective insights that may be completely misleading to yourself and your investment decisions.

    Happy investing MAErs.
 
watchlist Created with Sketch. Add MAE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.