MEL 16.7% 0.5¢ metgasco ltd

Ann: Full Year Statutory Accounts , page-2

  1. 82 Posts.
    See Page 5 of the report (pasted in below): The last two sentences suggest there is real activity on "potential developments" , the nature of these developments are being kept purposefully within Metgasco at the moment.


    Regards DB


    "Likely Developments and Expected Results
    Metgasco expects to continue the exploration, evaluation and development of gas reserves and to progress commercialisation of these reserves through the development of associated energy infrastructure projects. The Group will continue to look at opportunities to monetise its gas assets and these opportunities are likely to include conversion of gas to LNG for domestic or export market sales. In the opinion of the Directors, further disclosure of information regarding potential developments in the operations of the Group is likely to prejudice the interests of the Group. Accordingly, this information has not been included in this report"
 
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