MEL 0.00% 0.4¢ metgasco ltd

Ann: $5m debt facility secured to deliver Odin gas to market, page-34

  1. 13,758 Posts.
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    VEN may well be waiting until revenue flows in before they make any moves - and an offer from VEN seems the most logical outcome.

    Next six months could prove to be very interesting.

    Hopefully, we will get a production update this week which will give us some indication on a starting point for MEL. The small drop yesterday may be an indication that there is some positioning underway prior to the announcement.
 
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