MEL 14.3% 0.4¢ metgasco ltd

Ann: Second Odin gas contract signed to end CY26, page-2

  1. 4,801 Posts.
    lightbulb Created with Sketch. 2239
    If they really were desperate the JV probably could have found another customer to give a pre payment .
    Maybe the fact that they just extended the current contract means that they think they can get through to the remediation of Vali 2 and 3 on the cashflow they are producing now .

    The next quarterly will be very interesting .
    It is a very tough market for Energy company minnows at the moment .
 
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