pomhat,
that is your opinion but the facts prove otherwise.
If you owe $1m and have asetts of $1m but can't show the bank how you will repay the loan,then bet your bottom dollar banks move in claiming what is theirs leaving you empty.If you owe $10 million but asetts of $1million,whose problem is it??? That is where mae stands today.Difference being,mae have shown their financiers that the interest can be paid and their security will secured with gas.Banks are not benevolant societies...
To say that maes problems "maybe" solved with 20 mmcf highlights that you should do more research as you are completeley off the mark.
You have not answered the revenue generated from 20 mmcf even at todays rates???
From there,using your example,we will highlight how maes problem would indeed be solved.
Just my opinion
- Forums
- ASX - By Stock
- MAE
- here's some very interesting info
here's some very interesting info, page-104
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)