I appreciate all your research and energy put into this stock. But there are some serious facts that aren't positive, which have been mentioned time and time again. 311 mmcf of gas over 4 years, with $150 million cash spent, is a disastrous result. They have not proven for it to be economical. Despite everybody raving on about 1p reserves being economically viable, it's a very broad statement and definitely does not fit the bill with Marion. How can you think their recent announcement of 139bcf(1p reserves)is ecconomically viable, when they haven't proven this. Truck loads of water still coming out of most of the wells, very poor flow rates as shown on the Utah oil and gas website, massive cash burn and under $3million in revenue in 4years. These facts are the truth and 100% real.
MAE Price at posting:
37.0¢ Sentiment: None Disclosure: Held