MAE 0.00% 0.0¢ marion energy limited

Ok we are all getting frustrated with MAE so why not teach your...

  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!!!
 
watchlist Created with Sketch. Add MAE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.