re: Ann: Metgasco (MEL) appoints Mr Greg Shor... Sure do, even an intra day high of $1.50. Trust me, there were endless workovers, cleanouts, fiddling with back pressure etc etc, the more technical here will know of these sorts of things. I think there was even nitrogen stimulation of some verticals No fraccing on laterals though I think...weren't set up for it. Anyway if you did add in a fracc of some sort to a multi lateral it only adds to the already way too high cost. I recall at least one of the Harriers was a disaster following a hole collapse and they perhaps had to stop the other one(s)dewatering because the dams were full and had no approval to build more and carting it away is really expensive (it rains so much up there I reckon the rain is responsible for more water in the dams than the wells were). That's my recollection.
You're right though, I think reporting of trial production in that last Harrier phase was not great. Perhaps anything less than good news is not always reported. Wouldn't be the first small cap though. Up to shareholders to ask the tough questions.
- Forums
- ASX - By Stock
- MEL
- Ann: Metgasco (MEL) appoints Mr Greg Short to Boa
Ann: Metgasco (MEL) appoints Mr Greg Short to Boa, page-14
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEL (ASX) to my watchlist
|
|||||
Last
0.4¢ |
Change
0.001(14.3%) |
Mkt cap ! $5.790M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.4¢ | $754 | 188.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 12765502 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 14531096 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 12765502 | 0.003 |
12 | 31475499 | 0.002 |
6 | 59703690 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 14531096 | 12 |
0.005 | 5954721 | 6 |
0.007 | 100002 | 1 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
Last trade - 12.37pm 30/08/2024 (20 minute delay) ? |
Featured News
MEL (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online