MAE 0.00% 0.0¢ marion energy limited

hi pbwurth, hi allhave kept it quiet of late, lot of doomsdayers...

  1. 3,503 Posts.
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    hi pbwurth, hi all

    have kept it quiet of late, lot of doomsdayers haunting the thread...

    talk about UN-Australian, kick a bloke in the guts when he's on he hands an knees... sickening really...

    for what it's worth pbwurth, i agree with you, and conspiracy theory is the ultimate by-product of paranoia...

    now, although i feel PC is a lying dog, i feel we will not fold for the following reasons:

    - as CAMMO1234 (i think) quite rightly pointed out, the announement of 5 well expansion, would have rightly come post the mandate for monthly reporting. Bought on by ASX query a week earlier.

    - a remaining director has spent >6% of his annual salary, on shares at 6c out of good faith... ha

    - bank would've foreclosed on the asset by now

    - why bother going to the courts/tribunal for water disbursement

    - directors leaving, i think not... it's called clearing deadwood... we are saving cash. There WILL be futher appointments, my bet this will come in midst of RI

    - there will be dilution, this is inevitable, however, this will clean up the balance sheet and give something to JS that he has gone 6-9mths without CASH. Most restricting for any business with a lack there of.

    - when will RI happen, my bet is next 2 weeks

    - we need to prove the product

    It's not what/that i'm looking forewards to on a daily basis, it will be that what comes of light throughout the RI process that will be of interest

    I'm still here, blood , sweat and tears on the palms and knees flat to the floor...

    Take me back to the corner lads, rinse me down, i'm in for another round...




 
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