MAE 0.00% 0.0¢ marion energy limited

Marion continues to hit the headlines. Refer following...

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    Marion continues to hit the headlines. Refer following link.

    http://www.proactiveinvestors.com.au/companies/news/46286/marion-energy-raises-11m-via-placement-of-convertible-notes-46286.html



    Within a short period of time we should hear about completion of audits, timing of AGM and expected relisting date.

    At the AGM we should also receive an update on drilling progress and future plans.

    All the above will assist in the company being rerated and the sp moving north of its last closing price. I anticipate that shareholders that held their MAE shares and not sold for tax purposes as advocated by down rampers will be pleased with prospects. BUT lets just wait and see what transpires.

    Marion.... no debt... cash in bank...has a JV partner... alive and will be trading on ASX. What a turnaround story!

 
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Currently unlisted public company.

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