my numbers assumed vali production averaged 2mmcfd and Odin 5mmcfd while each was online so I believe these assumptions include a fair bit of decline built in. Not long to wait but it’s fair to say the current SP is not factoring positive cashflow and the pall of the KBC debacle - let’s hope management have been busy organising a plan B and C in case KBC really do want out ….
MEL Price at posting:
0.9¢ Sentiment: Buy Disclosure: Held
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