MEL 25.0% 0.3¢ metgasco ltd

Ann: Gas Commercialisation Update , page-5

  1. aam
    33 Posts.
    It's nice to have a concise overview of all the good things MEL, but certainly the pessimist in me thinks it's a prelude to a capital raising, or maybe some director KPIs are coming up, or, as another thread pointed out, a response to the AFR article which contained a lot of similar information. There's also been a bit of publicity (good and bad) lately of CSG/LNG/UCG, so maybe they're just trying to get their name out there.

    But I'm not complaining. The language in the update is an improvement I think. Phrases such as ".. resources are considerably greater than those required..." are good. Normally it would be just numbers and letting the average-joe figure out what it actually means.

    Bring on regular updates I say (even if it's just a reminder of everything they're doing).
 
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