MAE 0.00% 0.0¢ marion energy limited

investors, page-92

  1. 8,606 Posts.
    "GS have obviously told them to keep drilling so they are".

    I reckon you got it in one NTaylor. Thats my sentiment anyway. It was stated that they would rely on GoldmanSachs to guide us as to how best create shareholder value - and wioth that i beleove they have placed previous projects on hold due to the Price of Gas etc and the fact that they want to wrap up this fresh Independant Reserve Report ASAP.
    What it tells me also is that they may be trying to meet a deadline of some kind. Perhaps a Sale interest and objective? Who knows but thats what my gut and deductions suggest to me and my strategy has adapted to suit, eg., more buying.



    cheers.
 
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