MEL 0.00% 0.4¢ metgasco ltd

AFR article, page-6

  1. 294 Posts.
    Peekaye I get your frustration, believe me, I have been a long term shareholder and contributor to this forum. However we've got to be realistic about our chances of actually developing this resource within budget and within a time frame that is acceptable. The fact of the matter is the government lost the narrative and it'll be almost impossible to recover.

    I'm realistic, and I have to say that if we got offered $120m to walk away and the share price subsequently moved to 0.20 - 0.25 I will be jumping for joy - and that's while taking a loss.

    This company has been the bane of my existence, a source of ongoing despair and a serious inhibitor to my lifetime goals. Above 0.20 and I can see a future and I would rejoice.

    I think you'll find that many share my position.
 
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