MAE 0.00% 0.0¢ marion energy limited

Totally agree Red2,The facts are on the table, unfortunately...

  1. 52 Posts.
    Totally agree Red2,

    The facts are on the table, unfortunately many of us held this stock believing that 20mmcf/day was imminent, how many times did we here this? Nothing has come to fruition, except like you say, cash burn of $150 million, dismal flow rates and peanuts for revenue. GS would have to pull off something so creative for a prospect buyer to be interested in a company that can't produce consistent flow rates or revenue. I believe they have made a meal of it, and hope that shareholders investigate this company, and have all the financial papers thoroughly looked at in detail, to see exactly where and how our money has been spent. Has this been run professionally? I don't believe so.
 
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