MAE 0.00% 0.0¢ marion energy limited

re: Ann: Change to Executive Management of Co... "Was there any...

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  1. 261 Posts.
    re: Ann: Change to Executive Management of Co... "Was there any news of gas flows in the report?"

    Yes, ZERO income for FY 2013 = Zero gas flow for 2013.

    Except of course if they blew any gas into the atmosphere, but I doubt that.

    "11. 49.2m replacement options for those that lapsed." Don't see how that helps shareholders one iota - just means future further dilution if they are exercised.

    No mention of AGM date.

    Letterhead still shows old office address, even though it's moved under the lawyers wing. Shows poor attention to detail.

    Although I do concede that $0.62 equity per share and $1.45 NPV per share seems to value the company at around $2.00.

    With all that good news and positives I'd be willing to concede that the share price might hit 10c....

 
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