MEL 0.00% 0.4¢ metgasco ltd

My purchase of another 1M shares @ 1c completed yesterday. Can't...

  1. MTV
    1,769 Posts.
    lightbulb Created with Sketch. 596
    My purchase of another 1M shares @ 1c completed yesterday. Can't believe my luck. MC sitting at $10.6M. Unbelievable.

    I'm sure the company will be cash-flow positive from Nov onwards, with Odin-1 and Vali-1&2 all flowing (without Vali-2 should be about breakeven). Hoping for further improvement when Vali-3 is remediated and brought online (before Christmas would be nice).

    When the market notices the turn-around in the company's fortunes the SP should re-rate strongly.

    Agree with comments above that they should take a bit of a breather and re-charge the coffers before starting on Oden-2&3.
 
watchlist Created with Sketch. Add MEL (ASX) to my watchlist
(20min delay)
Last
0.4¢
Change
0.000(0.00%)
Mkt cap ! $5.790M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
10 10766666 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 8348848 11
View Market Depth
Last trade - 16.12pm 22/08/2024 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.