MAE 0.00% 0.0¢ marion energy limited

cashflow, page-4

  1. 1,451 Posts.
    That was what i was thinking....
    I could see two options
    1. sell oklahoma quickly at a reduced price to get cash, even then it would take a long time to seal the deal
    2. Extend the loan, if its possible.

    TO be honest the worst outcome i could see from lack of cash would be a premature sale of MAE at a bargin price if they couldn't raise the money, i doubt the market would buy again after buying 45 mill at 90c 9 months ago.

    I believe there may have already been some offers but they were seen as too low perhapes and the directors may be holding off for a higher value?
 
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