MAE 0.00% 0.0¢ marion energy limited

To extrapolate / speculate , on compressors why would Mae even...

  1. 2,242 Posts.
    lightbulb Created with Sketch. 58
    To extrapolate / speculate , on compressors why would Mae even bother to install high pressure compressor and a backup compressor if they were not certain of their profitability and 1p reserves prior to price collapse in gas ? IT seems, to me, to be an absurdity that directors would go to these instalations of compressors if there was not a reasonable potential for long term gas to market and prospects of more gas in the future for some lucky buyer.
 
watchlist Created with Sketch. Add MAE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.