MEL 14.3% 0.4¢ metgasco ltd

holymagiman one and a half shares, page-13

  1. 949 Posts.
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    My dear Mr Puppystox,this is Mr Jeremiah Tobias again.

    I apologise most profoundly that I have taken so long in replying to you, but the truth is that we all went fishing. The day started well, then the showers came, on and off, on and off, and although the day is warm, the fish must have got so wet that they forgot to bite, and so we have all come home empty handed, for our Saturday dinner. Holymagiman's wife has some most delightful crackling pork roasting away and the beer is chilled. An interesting Saturday night awaits, I am sure.

    As for your query, the figures of the P reserves are on page 17 of the Metgasco Investor Presentation, issued on 11th December 2008. I trust I interpreted it rightly, but please correct me if I am wrong.

    As I said, the figures do not tie up with the market prices by a long long shot. I may raise the issue with Holymagiman, and possibly he may consider buying one or two more shares at these prices. But that decision is up to him, and I cannot speak for him as I am only a retired old man.

    I must be off now, as I can can hear irresistible voices imploring me to come and can smell smells that are too hard to resist.

    God bless.
 
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