MEL 33.3% 0.4¢ metgasco ltd

Ann: Vali and Odin on schedule for first gas, page-14

  1. 1,802 Posts.
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    Yeah the cost side is the most interesting part to me as that will determine what we, as holders, will eventually see as profits and returns. That will provide better colour on the capacity and timing of further investment and even when dividends could be possible though I don't see dividends in the short term.

    Either way, we should still re-rate as we move from a developer to producer. That is a major de-risking milestone and relative to the market cap and strong industry tailwinds, should get some attention in 2023.
 
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