MEL
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8.33% 0.6¢ metgasco ltd

today's press ...

  1. poyndexter
    38,109 Posts.
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    01/12/09
    06:19
    Post #: 5984429

    http://www.smh.com.au/business/metgasco-on-boil-after-nsw-discovery-20091130-k181.html

    This article says the gas reserves could be from 82PJ to 830PJ ... what might a valuation be if say the conventional gas reserves proves up to be say 400PJ?

    http://www.theaustralian.com.au/metgasco-shares-rocket-after-natural-gas-find/story-e6frg8zx-1225805525329

    This article mentions power stations in northern NSW, not just power station ... also a significant reserves upgrade from 82PJ

    All good press.

    Cheers
    Dex

    MEL Price at posting: 68.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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