I'd imagine the 'oil and gas properties' represents one off expenditure relating to getting the Vali wells online. Take those amounts off on an ongoing basis and the cashflow is comfortably positive. My concern relates to the water production in Vali-2. The volume of this was vague in the last announcement, which I didn't love...noting of course that it was very early days.
- Forums
- ASX - By Stock
- MEL
- Ann: Two Wells Online as Vali-3 Commences Gas Production
Ann: Two Wells Online as Vali-3 Commences Gas Production, page-37
-
-
- There are more pages in this discussion • 58 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MEL (ASX) to my watchlist
(20min delay)
|
|||||
Last
0.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $5.830M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 2105211 | 0.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.5¢ | 3778476 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 2105211 | 0.004 |
13 | 25157992 | 0.003 |
11 | 23270899 | 0.002 |
10 | 64636865 | 0.001 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.005 | 3778476 | 8 |
0.006 | 1458000 | 2 |
0.007 | 100002 | 1 |
0.009 | 80000 | 1 |
0.010 | 1000000 | 1 |
Last trade - 16.12pm 04/10/2024 (20 minute delay) ? |
Featured News
MEL (ASX) Chart |
Day chart unavailable