MEL 20.0% 0.6¢ metgasco ltd

IMO we will not get gas production figures until all 3 Vali...

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    IMO we will not get gas production figures until all 3 Vali wells are operating, probably late this month or early next month.
    Obviously this week we should get an announcement that Vali 3 is in production and then around mid March that Vali 2 comes online.
    Wouldn't be surprised we get an announcement shortly that a gas supply price agreement has been reached for the Odin gas, this should be on good terms and pricing as a result of the current gas supply shortage, that will put a rocket under the share price.
    In a recent interview of NG from VEN, he stated that "a lot of interest from buyers for the Odin gas has been received" with the current gas shortage there will be quite a few buyers lining up and a decision should be reached quickly as the Odin gas production infrastructure is coming along quickly.

 
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