Why do you think that @boysy1 ?
IMO VEN's lack of funding was a major block to the development of Odin 2 and 3? Having that resolved, as painful as it is for VEN, is a positive for MEL. The JV was at a stalemate until VEN got funding.
I realize it still means MEL is looking for new debt or equity but the story gets easier to tell if the major partner is now funded.
Ann: Operations Update, page-51
Add MEL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
0.6¢ |
Change
0.001(20.0%) |
Mkt cap ! $6.383M | |||
| Open | High | Low | Value | Volume |
| 0.4¢ | 0.6¢ | 0.4¢ | $12.67K | 2.535M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 27537828 | 0.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.6¢ | 6041334 | 6 |
View Market Depth
| Last trade - 16.10pm 16/05/2024 (20 minute delay) ? |
|
|||||
|
Last
0.5¢ |
Change
0.001 ( 0.00 %) |
||||
| Open | High | Low | Volume | ||
| 0.5¢ | 0.5¢ | 0.5¢ | 325913 | ||
| Last updated 13.19pm 16/05/2024 ? | |||||
| MEL (ASX) Chart |