MEL 0.00% 0.4¢ metgasco ltd

mackellar value, page-5

  1. 8,044 Posts.
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    tomh

    you said:-
    "I cant understand why the market isnt more excited about this well. How many other 1TCF+ prospects are being drilled onshore in Australia? "

    the market in mel is very very jaded !!

    years, million of dollars spent - some of them mine, ferals, BOFs, AJs ,dreams unfulfilled, promises ( the marketing man on the side of the young naked maidens bed - style), pumps and dumps..... and last but not least a management team that has shown itself unable yet to deliver....where is the LW pipeline, the power station, errrr well even for that matter .... the gas ? AND ALL OF THIS WITH A BACKDROP OF GAS SHORTAGES, MERGERS, .....

    AND YOU WONDER WHY THE MARKET ISNT EXCITED ?
 
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