MEL 0.00% 0.3¢ metgasco ltd

Hi,What would you consider fair value for MEL's reserves which...

  1. 2,252 Posts.
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    Hi,

    What would you consider fair value for MEL's reserves which is likely to have a minimum 20 year life and IMO their share likely to generate a net cash flow of $10 million pa. There are also likely other prospects in their tenements which are yet to be drilled, scheduled to be drilled next year?
 
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