MEL 0.00% 0.5¢ metgasco ltd

Ann: Patriot Hydrogen Update, page-3

  1. 1,580 Posts.
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    Totally agree hosh; focus on Vali first gas, maiden revenue and fast-tracking Odin, although since MEL is non-op, management need ownership of new tasks that could add value now that the Patriot deal has fallen through. The MEL vs. VEN Market Cap and SP difference is interesting. Hopefully MEL will trend higher as we get even closer to first production this year. I think announcing the termination of the Patriot agreement at the same time as the Vali Odin update impacted any potential positive move in MEL's SP yesterday. VEN is trending up nicely.

    https://hotcopper.com.au/data/attachments/4826/4826907-046e67eb11291ff0213cf1d825ee96f7.jpg
    Kind regards OldGeo
 
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