I honestly cannot see what Marion has to do with Coho Energy. The fields are in different locations. Coho was mainly into oil. Yes it was liquidated with the sale of over$200m of assets. Sure Jeff Clarke was on board but so what? Is the inference that all directors of failed companies will deliver similar failures in the future?
Marion has been given a new lease of life with all debts cleared, injection of funds from prominent organisations who did their due diligence and now is on the verge of gas production and profits.
Rather than dwell on the past failure just give Marion a go and lets see what the future brings.
You have no financial involvement in the stock SO WHY DO YOU CARE???? What actual warning are you delivering? Have you been recently to Clear Creek?
MAE shareholders who have not sold their shares based upon your tax incentive/advice posts to sell at any price will soon be able to decide whether Marion will succeed or fail. They will be able to inject more funds or bail out. They do not need your down ramping and historic tales in their decision making.
I am sure that even TPG and Mark Korda are not interested in your "warnings" that MAE will fail to deliver. I know I am not.
Please just go away until we see what Marion delivers over the next quarter.
Exactly what is your agenda Hcraboc??? You rarely have one positive statement to make.
MAE Price at posting:
0.6¢ Sentiment: Hold Disclosure: Held
