Ann: Becoming a substantial holder from GC1, page-10

Hi hopefullyguy,
As you know, I am one of these "guys" who posts the same stuff on this forum and in my humble opinion, I believe MEL's share price will eventually turn around before first gas end 2Q 2022 ----- a rainbow vision, but in my view achievable. I've been waiting on the Vali-3 net pay results for a couple of weeks now before investing in the cap. raise and am hoping that announcement is imminent.

i_am_nate's post yesterday (29/7/2021) is well worth reading again as the timing of MEL's cap. raise and MAY's decision to sell down their MEL holding to source additional funds for their upcoming Cuban exploration drilling program, is very unfortunate for MEL shareholders and perhaps an intentional move by MAY. If we shareholders are prepared to stay the course over the next 12 months, we can each judge MEL's performance on delivering shareholder value as they either tick off the milestones or do not. Plenty of news flow to come, but yes, shareholder value has been further eroded.





Kind regards OldGeo