A broken clock is right twice a day haha. Will be interesting to see if there is any meat to this, or simply being a case of MEL blindly following VEN. It wasn't insane volume from them yesterday, but it would've ticked a few TA boxes and gotten them on some radars...and we are linked to their train. Having said that...reserves must be mightily close...and once reserves are in there is nothing stopping a GSA/processing deal/pre-payment/infrastructure deal/FID...I don't believe that they've received joint marketing permission for Odin, so I can't see the flow test there being a pre-condition for anything.
Regardless, great to see some solid volume for MEL today. There wasn't a huge amount of underwritten shares to be overhanging; so hopefully will have at least one set of options in the money soon.
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