I don't think there will be another CR, the current cash reserves are IMO plenty to meet costs until the Vali wells come on stream which should generate a cash flow of about $500,000-$750,000/month and it double once ODI comes on production with the high Gas Spot prices.
Enough to meet all future production and exploration costs.
My cash flow figures are based on the recent Broker's report by Blue Ocean Equities.
- Forums
- ASX - By Stock
- Ann: Quarterly Activities and Appendix 5B December 2022
MEL
metgasco ltd
Add to My Watchlist
0.00%
!
0.2¢

I don't think there will be another CR, the current cash...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.665M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 19285488 | 0.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.3¢ | 5913861 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 19285488 | 0.002 |
8 | 35000998 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.003 | 5913861 | 9 |
0.004 | 10479052 | 6 |
0.006 | 311675 | 1 |
0.022 | 91666 | 1 |
0.028 | 2400 | 1 |
Last trade - 16.12pm 20/06/2025 (20 minute delay) ? |
Featured News
MEL (ASX) Chart |
Day chart unavailable