Mel has already spent 120million of shareholders money over a 10 year period and has found gas worth over a billion. To be offered 120 million is a joke.
Either Mel resumes drilling or the State Govt buys out Mels reserves. And then let the loony Greens, rule the roost. With their victory no projects in NSW, will go through, whether it be gas or a freeway. The State Govt is lucky that they have received so much in revenue from the Sydney property market. If it wasnt for that our budget would be as sick as the Federals.
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