MAE 0.00% 0.0¢ marion energy limited

p3 and timing

  1. 80 Posts.
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    I note a previous post on timing re sale of the business from a couple of weeks ago. It was pretty accurate re schedules etc. One would expect this to be all over by early September (as I'm personally involved in similar selling schedules), if not earlier with sensible offers.
    Whilst the clock is counting down, stock promotion must start in a bigger way. We know our former P1 and P2 numbers from last year and expect an upgrade with Jeff's "multiple" , however P3 has never been disclosed. I would expect this to be the sleeping giant and the sooner these can be announced the better. I wouldn't be surprised to see an extra $1b+ in value here....only time will tell. I say this based on such a massive field, with so little wells + so many potential structural layers.
    Lets have a dair SR on KMN. Depending on who wins we can meet at the Knoll or up north at Port Douglas
 
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