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Ann: MEL Presentation - Good Oil and Gas Energy Conference, page-30

  1. stumpytrunks
    6,542 Posts.
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    10/09/23
    14:47
    Post #: 69801657
    This is all about Odin at this stage IMHO - if that comes online successfully then V2 and 3 aren't critical, given the high tested flow rate and higher pricing at Odin. If they have issues at Odin, then it is looking like they'll be cash flow negative with net debt, which obviously isn't great.
    MEL Price at posting: 1.2¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 3  Great analysis
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