MAE 0.00% 0.0¢ marion energy limited

Ann: Prospectus, page-45

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  1. 747 Posts.
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    Von it must be frustrating dealing with such incompetence.

    This assets is just a recompliance asset to get it back onto the ASX much like the shells used to float on some moose pasture mining tenement a few years ago and then look for an asset. $50k is nothing for this.

    I don't think this is purely just a Faldi shell. Look at the other directors involved. Tom Bahen who is a director of NRR and CRB is a broker at Patersons who would have raised money through his clients. NRR has just turned tech after failing in mining.

    Bryn Hardcastle, an upcoming West Perth lawyer. Do some research into his firm and they are all ex ASX officers so they would know what can and can't be done via the listing rules. Bryn is also a director of AYA a coal company that looks like it's going tech too with a cyber security acquisition.

    If that's not enough go an look at the major shareholders for more comfort.

    It's not a matter of if a new project is going in its when.
 
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