MEL metgasco ltd
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Ann: South Marsh Island Block 74 (SM74) Update, page-2

  1. masterfoods
    1,211 Posts.
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    25/09/18
    09:44
    Post #: 35817530
    What MEL didn't mention here about the delay of SM74 until Feb-April 2019 (From BYE presentation 19/09/2018 page 23) was that

    "...• These agreements have enhanced the economic viability and reduced the risk of the SM74 project
    • We estimate this agreement to save at least US$20 million and one year of time till first production"
    MEL Price at posting: 7.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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