MRM 0.00% 33.0¢ mma offshore limited

Chart has short term potential, page-474

  1. 3,607 Posts.
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    WestC,

    I do take your point - re industry activity and MRM future outlook.

    I guess the rally in OP was primarily responsible for MRM's share price gains .......

    im with AHS - it will take 12-18 months before we see a substantial inc in any offshore development / exploration work for mermaid.

    I am strongly of the opinion that our supply of oil is not infinite......

    I do agree that available "resources" are very (very) large......but the RATE at which it can be extracted is limited..........

    welcome to the "cycle" I guess ??

    rgds
    V_H
 
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