MEL 16.7% 0.4¢ metgasco ltd

Ann: Odin-2 Appraisal Well Successful, page-44

  1. 6,593 Posts.
    lightbulb Created with Sketch. 964
    Happy to discuss funding...its not exactly rocket science - one, or a combination of, debt, equity or sell-down. I would hope that they'd try and place the shortfall and then try and attain debt funding to the tune of the KBC facility. The placement was clearly well supported - it's just the retail holders didn't jump on board.

    I just genuinely want to know why you are still invested if you fundamentally believe the company is insolvent. Either you truly believe they can't attain finance and you are throwing your money away, or you believe they can and are posting the opposite? I'm all for open debate and avoiding echo chambers - I just don't like the feeling of malicious intent. When actions don't match words....
 
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