MEL 0.00% 0.5¢ metgasco ltd

Ann: Share Purchase Plan Opens , page-2

  1. 6,530 Posts.
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    A lot bigger than I thought it would be. All up, that's getting close to a power station's worth with a partner sharing an interest. A quite long period of time to accept too, so one would assume that something will be drilled by then seeing as the company will have sophisticated cash in hand shortly. 490m shares on issue is a few, but by no means a catastrophe if they can add some value now. Will be an interesting month.
 
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