MEL 0.00% 0.5¢ metgasco ltd

random thoughts of a jamaican rampermon, page-12

  1. 6,626 Posts.
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    Sbatt, what is your longer term (12 month) prediction for the shareprice? Although you seem intent on seeing the shareprice go below 20c, as a holder you must be anticipating the SP reaching a certain point?

    What do you see as the catalysts for a SP appreciation? Are you looking forward to the new CSG wells, the conventional drilling, a farm in, local GSA's, power gen GSA's, LNG export GSA's or further exploration/reserve success? Are you just here for a takeover given that we are 4x below the lowest 3p metric takeover price on record? So many potential catalysts and positives for this company. Or are you here for the long term growth of a company with more gas than you can poke a stick at?

    As you are a holder of the company, I'd like to see what your view is. Assuming you are taking part in the SPP to hedge in case it doesn't drop below 20c too?
 
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