MMR 0.00% 0.4¢ mec resources limited

Ann: Advent Energy Ltd - RL1 Independent Resource, page-3

  1. V8
    10,794 Posts.
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    re: Ann: Advent Energy Ltd - RL1 Independent ... ?The current rapid development of the Kununurra region in northern Western Australia, including the Ord River Irrigation Area phase 2, the township of Kununurra, and numerous regional resource projects provides an exceptional opportunity for Advent to potentially develop its nearby gas resources for the benefit of the region along with Advent Energy and its shareholders.?

    Does anyone have an opionion on the likleyhood of this sort deal happening and what sort of value it might be for the company?

    Initially though pie in the sky but price is holding up since ann so may be something to it. Really they could have done this review at any time in the past, why now?

    With MC at $17mil could be a sweet entry point if they did get some sort of deal up.

 
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