I do not like it. Don't they need the shareholder vote for such a move and investment??? They would not get my vote!!!
If Mel would be a gas company selling many TCF of gas I would say, ok they need a green wash story. Better to concentrate Mel's resources to get a sustaining gas production asap and to get a free cash flow for earning some real money.
In Germany I have seen more than one company with compareable technology going bankrupt, even when they were supported by Shell money and research.
Ann: Metgasco to acquire renewable hydrogen production technology, page-42
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Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.511M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 6950909 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10732453 | 8 |
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| Last trade - 16.21pm 07/08/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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