MAE 0.00% 0.0¢ marion energy limited

cutting it fine or going under, page-2

  1. 1,227 Posts.
    davo

    Their debt is only due on the 7'th or 8'th of July.

    The original debt was due on 8 June. This was extended for 30 days while they sign paperwork for an extended loan facility.

    TRhis from their AFS

    "The facility matures and is due in full on 8
    June 2009 with no payment required until maturity.""


    and this from their last Announcement

    "it has secured the approval of its banking syndicate to an interim extension of 30 days to the maturity date of its
    existing facilities while it completes the necessary documentation pertaining to an increase in the amount of funds available from its total facilities and to further
    extend the maturity date.

    Further details will be advised to the ASX upon finalisation of loan documentation which is now in the process of being completed.""
 
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Currently unlisted public company.

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