This says it all:1. score a production license2. NSW go-ahead...

This says it all:
1. score a production license
2. NSW go-ahead with CSG exploration and development
3. experienced new recruits to bring MEL to production
4. MEL to boast local community and economy up to $2b
5. NSW gas storage a reality
6. M&A in CSG continues with PetroChina-Molopo deal
7. MEL well funded to continue CSG development after cap raising
8. Broker target 62c
9. MEL focuses on increasing 2P reserves this year rather than 3P reserves (to bring in line with major gas companies)
10. Strong support from LNG & EPW
11. more GSAs and farm-ins expected in near term (Northern Coop Meat Co, EPW, LNG/PetroChina).

This is why MEL is moving upwards now