MAE 0.00% 0.0¢ marion energy limited

I returned from overseas at the weekend and read the...

  1. 4,855 Posts.
    lightbulb Created with Sketch. 171
    I returned from overseas at the weekend and read the disappointing news that our TPG backer was not happy. Obviously gas production has not lived up to their expectation.

    So lucky for us its over to Korda and associates to the rescue.

    Relisting is off the agenda until we get a new financial backer or the Clear Creek asset is sold. Cannot see the sale happening short term.

    On a positive front had TPG announced their displeasure after relisting the shareprice would have taken a hammering. Better to get the house in order asap.

    What more can be said? Scoreline Downrampers 1...Rampers 0
    Last edited by Macleod22: 24/06/14
 
watchlist Created with Sketch. Add MAE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.