MAE marion energy limited

Disappointed

  1. 4,863 Posts.
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    I returned from overseas at the weekend and read the disappointing news that our TPG backer was not happy. Obviously gas production has not lived up to their expectation.

    So lucky for us its over to Korda and associates to the rescue.

    Relisting is off the agenda until we get a new financial backer or the Clear Creek asset is sold. Cannot see the sale happening short term.

    On a positive front had TPG announced their displeasure after relisting the shareprice would have taken a hammering. Better to get the house in order asap.

    What more can be said? Scoreline Downrampers 1...Rampers 0
    Last edited by Macleod22: 24/06/14
 
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