MAE 0.00% 0.0¢ marion energy limited

Of course Gas flows matter. If you have an old classic car you...

  1. 1,451 Posts.
    Of course Gas flows matter.
    If you have an old classic car you are trying to sell you could have a beat up wreck which requires heaps of work (aka MAE) if you sell it you'll get peanuts the other party takes all the risk.
    If its in good condition and needs only minor work you'll get much more money for it.

    Fact of the matter is I doubt there are any serious buyers knocking down MAE's door, the fact is they have to seek out buyers they aren't coming to them. This company has been for sale for the last 4-5 years!

    Your fantasies just never end.
    This is a high cost, low production company and its reserves are pittiful, you may sit there and say they have potential for TCF worth of gas but htats pure spectulation from someone who knows nothing about the industry. p3 reserves have a 10% chance of been economically viable to produce, these estiamtes of theirs aren't even p3. By the way P2 is 50% so their actual saleable reserves are pityful.

    Sure have hope if your already in the company but you have rocks in your head if you would consider buying more stock.
 
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Currently unlisted public company.

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