MEL 0.00% 0.5¢ metgasco ltd

what the mel?, page-11

  1. 1,211 Posts.
    lightbulb Created with Sketch. 4
    What exactly is the market expecting with the frac result? This is something I don't get? How much is too much (or not enough)?

    I've always thought the KF-E1 is as suggested - an exploration well.

    Was the 900,000 scfd at approx. 1250m above expection?
    Was the 3 Million sdfc at 2090 m with probably more gas below above expection?

    MEL's SP had a bumpy ride over the past 18 months, I was never able to tell what the market expects of MEL.
 
watchlist Created with Sketch. Add MEL (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $6.244M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
2 1971941 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 7823136 13
View Market Depth
Last trade - 16.12pm 21/06/2024 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.