MAE marion energy limited

qtrly's due this week, page-3

  1. 4,569 Posts.
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    I think the Quarterly will be a non event.

    The $2.8m placement was done end of Feb, I can't see even marion spending it all in a month so as at mar 31, they should still have a fair bit left.

    As for flow updates, I wont be holding my breath. It would make sense to me for these updates to be done just prior to the RI. They'll want the best flows in order to get the best price for the RI. Assuming they are making progress, that implies it will be left as long as possible. However it can't be too far away as the interest bill alone will be eating into that $2.8m.
 
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