MAE 0.00% 0.0¢ marion energy limited

bloomberg on gas price uptick, page-4

  1. 992 Posts.
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    Very good information in this tread...well done guys.

    Another positive would be that the major shareholder ODY has not sold any of it shares (27.5 million or 8% of Mae).

    We all know that the GFC destroyed the price of resources, especially natural gas within the US. Gas prices have continued to lag behind but clear indications are that it will recover as industry and winter months set in. MAE will be releasing gas at the right time....when it is wanted.

    Am hoping that the announcement regarding flow rates is delivered tomorrow (Friday, the 18th).

    Anyone want to speculate how much flow this will be:

    I reckon: 8 million cubic feet per day.

    The continuance of finance is a given in my view.

    Regards, Bernie

 
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