MEL 0.00% 0.5¢ metgasco ltd

The issue is that meaningfully increased production requires...

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  1. 264 Posts.
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    The issue is that meaningfully increased production requires expertise and then Capex. ie $.in order to get to break even.
    Funds are not available as the recent placing and SPP have shown. Even the one before was sub scale.

    What a CEO of a company with no operating assets does all day is beyond me. This has become a lifestyle company.
    It needs a new owner with scale, expertise and capital.
 
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