I do like the sound of it. The bit that had me intrigued was 'acquisition opportunity'. I'd always thought they'd do a deal with a company to get exposure to a project - but to me that reads as though they're looking at buying a project. If that's the case it opens up options everywhere; especially with larger companies looking to divest non core quality assets. Not so sure on the 'already producing' slant to things as if it was producing you'd think they'd say 'would deliver' rather than 'may deliver'. Some interesting options out there and I'm not going to start speculating - but I just hope that they go for something with a bit of scale to it; small is better than nothing, but with scale comes share price appreciation. If they can pull off something like COE did I'll be a very happy camper. A producing asset to fund JV drills with BYE from cashflow would be a dream scenario.
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- Ann: Quarterly Activities Report - March 2018
MEL
metgasco ltd
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Ann: Quarterly Activities Report - March 2018, page-3
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.511M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 6445909 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 11003663 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 6445909 | 0.002 |
10 | 47800999 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 6303638 | 8 |
0.004 | 3697000 | 5 |
0.005 | 1762134 | 2 |
0.006 | 4311675 | 2 |
0.008 | 100000 | 1 |
Last trade - 16.21pm 08/08/2025 (20 minute delay) ? |
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MEL (ASX) Chart |
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