Even at 3.33PJ, taking 20% off, its gross revenue is $40,000,000pa for the JV, we will have to wait and see what the net revenue for MEL will be, IMO it should be a very profitable earner for many years to come, particularly when the AGL contracted sales ends.
There is also upside for further discoveries in the unexplored areas of the tenements, end of 2023 seismics start to assess new prospects and drilling of new prospects starts in 2024.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.665M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.2¢ | $3.467K | 1.483M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 18185488 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 5913861 | 9 |
View Market Depth
| Last trade - 16.10pm 19/06/2025 (20 minute delay) ? |
| MEL (ASX) Chart |