MEL 33.3% 0.4¢ metgasco ltd

pure metgasco, page-35

  1. 131 Posts.
    I must admit I think Holy's and SF's posts are a great balance for me.

    If there were no questions left to be answered, I very much doubt it would be trading at a market cap of 150 mil.

    I think once all the questions have been answered I probably won't be holding this stock anymore.

    In my opinion there are too many things happening (Pipeline, Power station, JV partner) to make me think that management don't think they have some sort of commercial flow rates.

    "Certification of 1P reserves by MHA requires a
    demonstration of commercial gas flows" ....and we have 1p reserves.

    But stranger things have happen I guess and thats where the risk comes into it.
 
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Last
0.4¢
Change
0.001(33.3%)
Mkt cap ! $5.790M
Open High Low Value Volume
0.4¢ 0.4¢ 0.4¢ $500 125K

Buyers (Bids)

No. Vol. Price($)
8 21139663 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 11290670 12
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