MEL 0.00% 0.4¢ metgasco ltd

Ann: Termination of Keybridge relationship, page-8

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  1. 832 Posts.
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    I'm pretty sure KBC's reputation precedes them in all the financial markets. It gets interesting now for MEL as they couldn't refinance for Odin-2. Only time will tell if there is no further funding available, so it's a CR, or whether, now that KBC is gone, further funding will emerge.

    I would feel a lot more confident with some more context on why Odin-1 and by default MEL's cashflow has dried up. @OldGeo, @stumpytrunks any thoughts on Odin-1? Is it an anomaly, could flow improve or is this a natural decline?
 
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