Ann: Form 603 - Notice of initial substantial hol, page-8

re: Ann: Form 603 - Notice of initial substan... Nazzy,
I certainly hope there is more in it.

However, maybe there is another motive. It is not that uncommon for those in the industry to recognise an undervalued prospect; or a prospect with significant future value.

MEL is both of these.

I recall RLMS took a subst holding in Sunshine gas before it rocketted off before they promptly sold out with a very hefty profit.

The market should take it as a positive sign, as I see it, either:

a) an industry insider has recognised a great prospect

b) there are future tie ups between the two to monetise MELs gas.

Cheers,

SF