MAE 0.00% 0.0¢ marion energy limited

why we might not get flow rate announcement

  1. 203 Posts.
    Today that is.

    This may be because, if you remember earlier this yr the company said that it was achieving steady flow rates, albeit at a low level. Then problems arose. It is likely that the company would want to be getting steady flow rates for a prolonged period before they declare steady flow rates. Recently they have had a much more cautious approach to their announcements and this is likely to remain.

    So, though the hydrate issue may have been resolved by today, the company may well be waiting for a prolonged period of production at high, steady levels before making an announcement.
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