MRM 0.00% 33.0¢ mma offshore limited

$45M due to be paid in 4 weeks on June 30th. Balance of facility...

  1. 8 Posts.
    $45M due to be paid in 4 weeks on June 30th. Balance of facility due September 2019.

    MRM will be just scraping through with this payment in June.

    Macro sentiment and outlook on oil has settled negative lately.

    Unless this changes, Vessel sales and business as usual is not going to cut it.

    Management will need to pull something out of their port hole to keep the company afloat come 2019.
 
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Currently unlisted public company.

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