MAE 0.00% 0.0¢ marion energy limited

chairmans comments - read notable milestone, page-11

  1. 8,606 Posts.
    They have stuffed that up badly in the past under jeff clarkes instruction Game Changer.

    He went like a bull at a gate and used to say to me 'well put a few hole in the belly of the giant'- what rot.

    And with that, he made excuse after excuse and even made up some tripe about Hyrdrates being the cause of problems (due to high flows!! And then truned aoround to say that they were still drawing down water level (as a lab qualified pro myself, you'll agree that this is not possible to occur in unison - ROFL at his stupidity expecting a market to swallow that one).

    So results will be all you can use to qualify whatever they tell you my friend, even if a new operator does step in from time to time due to their frustrations with trying to wade through the mess he created (and much gas would have been taken out by Annadarko who is on the other side of the hill)....so Clarkey messed it for everyone by pushing that gas back towards the Annadarko field and since then there have been no significant flows at Clear Creek due to the fracture stimulation only stimulating Annadarkos own flow profile and 'contingent reserve' (another term clarkey used to use)!!

    Conflictingly, it's quite funny and yet entirely tragic. And i know because i lost far more than a typical 'speculator' you might see on this forum. We are talking multiple six figures, which sent me too broke at the time to sue.
    A mate scammed me into buying them, and since then i discovered he made claims that were unreal and management had the hide to not disagree (but they wouldn't put it in writing).

    This is how some people devote their time to becoming rich.

    So be careful with investing in an Aussie company who operates overseas like this, for these reasons - you can't keep an eye on things and must rely on spoken word - and if you are told something and ask for it in writing and they deny the request (which is currently happening to me with another stock as we speak) you know something stinks.

    All the best.
 
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