MAE 0.00% 0.0¢ marion energy limited

Nice post.Possibly relevant.One difference is found in the the...

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    Nice post.

    Possibly relevant.

    One difference is found in the the small words "Proved resources". We wait to see what proved resources exist at Marion.

    Test flows are valuable, provide indications, give us hope. Production is another thing altogether, as it delivers revenue - and allows the market to measure performance over time.

    For example, the concept of a well re-charging since being shut in (due to being exhausted of gas in an earlier time) needs to be proven over a time of real production.

    And when multiple wells are drilled close to each other from the same pad, and flows are tested independently of each other, we don't know what their real combined potential is until production is underway, and total flows are measured - through revenue.

    Nice share price gains recently, time will tell whether they have been justified.
 
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