Ann: Vali and Odin Update, page-80

Time will tell what the future share price will be, that is my opinion only and could definitely be wrong, the future cash flow will be a major component determining its future share price like all other shares on the ASX, as I said my cash flow figures are my opinion only, a lot of unknowns.
In the next 3 quarters we will get a clear picture of what the cashflow will be. If the cashflow will be around or above $1 million/month, I can't see MEL's SP being anywhere near here, my opinion only.
This year will see MEL experience a lot major milestones and changes: from explorer to producer, have a positive cashflow, identify new drilling prospects for next years drilling program and possibly new projects put into MEL, IMO all positive for the share price, time will tell.