Chart has short term potential, page-444

flyer

I don't think you are being fair to suzanmb.

while I disagreed at times with some of the arguments, I did appreciate the effort they went to re news articles etc.

I think they genuily believed what they were saying. whilest this will be painful, it highlights the element of risk inherent in companies with debt......we have seen this in a bunch of iron ore plays, major oilers, many service co's ......MRM is no different.

so I think the discussion should look towards:
1. what can management do to rectify the cap structure
2. what can they do further to reduce the cost base
3. how long till a revound in offshore activity ?

hopefully shipmaster can chime in again

rgds
V_H