MAE marion energy limited

Hi noevre,you make some excellent points.I think most long term...

  1. 6,655 Posts.
    Hi noevre,you make some excellent points.

    I think most long term holders have factored in a poor quarterly and I would be personally surprised if we see the IRR before (hopeful though).

    Imo the formal ann re sale of company assets changed a lot re flow rates and sales of gas.When I spoke to Peter Collery last week I specifically asked if cash burn was an issue and he replied-no.

    There is a lot at stake here for the reputations of directors and Goldman Sachs.

    As to whether you can buy these cheaper next week-we will see but they won't be mine.

    Sometimes feels like russian roulette but then I go back and look at the basics,the people and the probablities and
    base my descion to stay on the facts I have not the fear of the unknown.
 
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