MEL 0.00% 0.4¢ metgasco ltd

Ann: Quarterly Activities Report , page-11

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  1. 190 Posts.
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    Don't you just hate it when you post something up to provide information and engage in proactive conversation it get's hijacked by a string of negative assumptions?

    What bad faith?

    - It has a office in Casino employing direct jobs (one more after approval)
    - Field traineeship established through local TAFE (refer to youth unemployment numbers below)
    - enters into access agreements before any activity is undertaken on landowners properties
    - Has a priority to purchase off local suppliers
    - First GSA to Richmond Dairies as quote from Chris Sharpe (CEO of Richmond Dairies) said the deal gave the company certainty in the face of rising electricity and liquid-natural-gas prices. Yes it gives them "certainty" to keep company cost down to provide employment in the local area.

    NSW Area Profile
    Employment Rate (15-64) : 70.6 %
    Participation Rate (15+) : 63.1 %
    Unemployment Rate (15+) : 4.8 %
    Youth Unemployment Rate (15-24) : 11.5 %

    http://www.deewr.gov.au/lmip/default.aspx?LMIP/LFR/NSW

    Richmond-Tweed Balance (Richmond Vally along is 5.8%)
    Employment Rate (15-64) : 65.9 %
    Participation Rate (15+) : 53.0 %
    Unemployment Rate (15+) : 5.0 %
    Youth Unemployment Rate (15-24) : 14.4 %

    http://www.deewr.gov.au/lmip/default.aspx?LMIP/LFR/NSW

    Disclosure: IMO the company is working towards driving value for shareholders and local community. I'm taking up my SPP in full, as i have in previous SPP



 
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