a write off in the sense any exploration / development funds will be directed elsewhere ie Odin for a better return - not sure if you can say V1 has performed very well (unless you have low expectations) it’s producing 1.5mmcfd down significantly from IP.
melts not beat around the bush vali is a dog from multiple angles low proudtion, low pricing, AGL getting repaid from proceeds. Clearly Odin is where the JV time effort and energy will be directed going forward.
MEL Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held
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