MEL 0.00% 0.3¢ metgasco ltd

Item 4 is total nonsense.Items 1-3 make a lot of sense,...

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    Item 4 is total nonsense.
    Items 1-3 make a lot of sense, particularly now that a lot of gas wells in the Cooper basin are starting to decline in production as they come to end of their life cycle, maybe because of item 4.
    A lot of new wells will be needed to come into production in the coming years to offset this decline otherwise gas prices will stay strong and continue to climb.
 
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