MEL metgasco ltd
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Vali-1 Well Cost, page-4

  1. hombre cara
    31,475 Posts.
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    09/01/20
    17:56
    Post #: 42307246
    yes I think that’s right stumpy...the $5.3m was never the estimated cost ...but a negotiated amount with some cost overrun contingency.
    With drilling times of 10-15 days and relatively shallow targets they must be fairly cheap wells to begin with.
    Anyway they can always sell off a few more BYEs if worse comes to worse...MAY might have to lower their offer to 3 for 1 lol...
    MEL Price at posting: 4.3¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
0.2¢ 		Change
-0.001(20.0%) 		Mkt cap ! $3.674M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $20 10K

Buyers (Bids)

No. Vol. Price($)
7 6370498 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 10843632 8
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Last trade - 15.14pm 31/07/2025 (20 minute delay) ?
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