MRM
Click for more information
0.00% $2.69 mma offshore limited

>OPEC deal = Shale ramp up Who is going to fund a shale ramp up?...

  1. bystander01
    832 Posts.
    lightbulb Created with Sketch. 74
    clock Created with Sketch.
    29/09/16
    18:55
    Post #: 19518758
    >OPEC deal = Shale ramp up

    Who is going to fund a shale ramp up? Shale is so CAPEX heavy that finance will be wary of a repeat of the distress should OPEC flood again. Very, very hard to get funding for shale wells until OP has stayed high for a sustained period.
    MRM Price at posting: 36.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Real estate dynamics & changes raise investor doubt
right-arrow Created with Sketch.
MND Monadelphous inks $200M contract with Woodside to help build Pluto LNG – but will it make Scarborough cheaper?
right-arrow Created with Sketch.
IGO IGO kicks off earn-in copper drilling on-site Encounter's Yeneena play as it adopts new identity
right-arrow Created with Sketch.
PEC Perpetual sniffs TREOs beyond 4000ppm at Raptor play in Brazil
right-arrow Created with Sketch.
BGL Bellevue aims for 45% production increase by FY 2028, announces $150M placement
right-arrow Created with Sketch.
LKE Lake Resources implies news article on job cuts made up; non-core sales "not material" and no rule 15.7 breach
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MRM (ASX) to my watchlist
(20min delay)
Last
$2.69 		Change
0.000(0.00%) 		Mkt cap ! $1.061B
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0
MRM (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.