MRM 0.00% 33.0¢ mma offshore limited

Thanks A B , things are definitely trying , and that is not just...

  1. 443 Posts.
    Thanks A B , things are definitely trying , and that is not just us that is all over the World at the moment . However Saudi Arabia is still paying good money and contracts both long term and short term are being won by MRM . A lot of oil has come out of the market , in fact several million bpd. and as this is now the peak season for oil consumption in the Northern Hemisphere . It is hard to gather all of the information on oil reduction and depletion but as Venezuela alone was producing over Four million bpd. and that has been more than halved , and add to that oil services companies are no longer working in these areas more is yet to come . So I believe it's more about the future , oil and gas cannot move without people like us , it is impossible to run oil and gas without constant maintenance and repairs . If we break even this FY I will be pleased , but I think there is a sneaky small profit on the cards . Anyway good luck staying out , cant say I hope it works out for you though ......Cheers
 
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