MEL metgasco ltd
Add to My Watchlist 0.00% ! 0.2¢

Hi boysy1,In my opinion, we will need gas flowrates around...

  1. OldGeo
    1,809 Posts.
    lightbulb Created with Sketch. 4681
    clock Created with Sketch.
    31/12/19
    14:23
    Post #: 42177833
    Hi boysy1,
    In my opinion, we will need gas flowrates around 2mmscf/d to be commercial. Regarding commercial volumes, all I suggest is go by what MEL has published - see below.

    https://hotcopper.com.au/data/attachments/1905/1905658-574f54052b938e444d81b93ca47da89e.jpg

    Below is the stratigraphic column of what Vali-ST1 is drilling through with some annotation.

    https://hotcopper.com.au/data/attachments/1905/1905654-c2172af8f6495222ba04bac7d3522be8.jpg

    Gas price perhaps $AUD 1.20 / Gigajoule
    https://hotcopper.com.au/data/attachments/1905/1905678-c0b237154545307f9df456b9695490f5.jpg

    Kind regards OldGeo
    MEL Price at posting: 4.4¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch. 2  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

CLA Celsius Resources Commences FEED and Feasibility Study at MCB Project Site
right-arrow Created with Sketch.
NEWS Sparc opens small-scale green H2 plant in SA, but liquidity dried up
right-arrow Created with Sketch.
NEWS Bullish Brookside expands with fifth DSU at 'highly sought after' American oil and gas field
right-arrow Created with Sketch.
NEWS Red Mountain to map, sample Quartz Reef after landing big alluvial nugget haul
right-arrow Created with Sketch.
NUZ Liquid Formulation of NUZ-001 Developed to Improve Patient Access and Experience
right-arrow Created with Sketch.
NEWS Equity Metals reports that drilling is underway on the Silver Queen Ag-Au property
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
0.2¢ 		Change
0.000(0.00%) 		Mkt cap ! $3.665M
Open High Low Value Volume
0.2¢ 0.2¢ 0.2¢ $284 141.8K

Buyers (Bids)

No. Vol. Price($)
10 19452164 0.2¢
 

Sellers (Offers)

Price($) Vol. No.
0.3¢ 11409690 13
View Market Depth
Last trade - 12.57pm 27/06/2025 (20 minute delay) ?
MEL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.