MRM
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0.00% 33.0¢ mma offshore limited

Time to off-load this Mermaid, page-45

  1. ckchristian
    1,759 Posts.
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    07/12/16
    13:07
    Post #: 21166445
    Don't blink because this will be at 20c. As I said months ago an OPEC deal will NOT help MRM in the short term. Not even in the medium term IMO. Shale companies are hedging at these prices which means they'll be pumping regardless now...

    Sorry to be so gloomy.
    MRM Price at posting: 26.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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