MAE 0.00% 0.0¢ marion energy limited

Some expect to hear about our Reserve Report by end of March -...

  1. 8,606 Posts.
    Some expect to hear about our Reserve Report by end of March - today - and i am assuring them that if we dont, it may well be a positive sign (as i see it as positive and over a month ago i said i didnt expect to see IRR results now that we have formally begun a formal sale process. And i am assuring as to why we may have them held back for a little longer. We dont know anything about the landscape into the Dirtectors are going into bat for us. It may be extremely competitive with buyer and tyore kickers blending in....it may be a case of 2 serious buyers asking deal closing questions....it could be quiet??

    Until more is discussed with Directors by individual investors and until more info is available we can only guess. Til then, we are still for sale and have a huge reserve which i already value at just under a billion dollar (+$2). If we double our figures, we are therefore worth 2 billion dollars in my books.
 
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