MEL 10.0% 0.5¢ metgasco ltd

Ann: Shareholders Give Metgasco the Green Light , page-8

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    re: Ann: Shareholders Give Metgasco the Green... Masterfoods,

    Nice find on the EPW presentation.

    Their CEO did say no gas sales deal on the horizon with MEL given their $10m ROG drilling programme but willing to work with MEL on issues such as potential joint pipeline or tenement border issues. Reiterated though that MEL remains a "strategic investment" whatever that may mean.

    Cant imagine tho that there arent other interested parties. Perhaps MEL needs to smoke out each position and get some firm offers on the table.
 
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