MEL metgasco ltd
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I”m unsure that the best time to pounce is when a project is...

  1. smartdude
    3,216 Posts.
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    19/01/23
    19:22
    Post #: 65780991
    I”m unsure that the best time to pounce is when a project is 100% de-risked as it just increases the purchase price. At the moment VEN could offer MEL shareholders 1 VEN for 3 MEL shares plus 10 cents per share. I am sure they could finance such a cash component and MEL shareholders would retain their interest in production and get a cash bonus. This would be a win/win scenario in my opinion.
    MEL Price at posting: 2.1¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.000(0.00%) 		Mkt cap ! $3.665M
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0.3¢ 10613886 10
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Last trade - 10.07am 19/06/2025 (20 minute delay) ?
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