MEL metgasco ltd
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Ann: Vali-3 net gas pay results exceed expectations, page-30

  1. ggwill
    2,835 Posts.
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    10/08/21
    16:55
    Post #: 55178693
    No need for over excitement but the share price is crap rolleyes.png Not sure how it managed to finish flat. The average traded price must be over 2.6c.

    I believe the height of the net pay is positively correlated with the flow rate, given the porosity/permeability? The company is saying both the porosity and the net pay are better than Vali-1 numbers. Vali-1 had good results.


    MEL Price at posting: 2.4¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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