MEL 25.0% 0.5¢ metgasco ltd

Ann: Two Wells Online as Vali-3 Commences Gas Production, page-72

  1. 6,573 Posts.
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    As frustrating as it is, there is only one true way for it not to matter: results. i.e. 3 wells completed, strong flow rates, good cashflow, field appraisal, Odin GSA, remaining Vali reserves contracted, Kinta well, oil well, dividend, other investment. There's no shortage of potential catalysts - I just hope that the third Vali well is online shortly. Surely an Odin GSA is in the wings at a minimum. Solid news flow creates volume, which flushes out any selling, and consequently shores up the share price.
 
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