MAE 0.00% 0.0¢ marion energy limited

marion and the power of two

  1. 224 Posts.
    Ok we are all getting frustrated with MAE so why not teach your kids some maths:

    Multiplication:

    If Marion estimates 5 Mill expenditure - it will be closer to 10 Mill.
    If Marion estimates results in 6 months you might see them in 12 months.

    Division:

    If Marion estimates 1Tcf of gas the reserves report will show 500Bcf.
    If Marion forecasts flowrates of 20 million cubic feet per day you will get 10 per day.

    Addition:

    If Marion forecasts a sale next year, add two years.
    If Marion needs two capital raisings they will make two more.

    Subtraction:

    If Marion has 'successfully' treated 7 wells for hydrates, 5 will still have massive hydrate problems.
    If Goldman is spruiking $2 / share in the final sale... SELL NOW!!!
 
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