Tough day for the portfolio between VEN and MEL. I’d wish they merge to reduce overheads and corporate costs.. anyhow I can’t see much further downside however have been thinking that since original buy in at 2c.. positive news about Odin, don’t like the sound of dependence on swabbing operations to remove fluid accumulation after each scheduled shut in by downstream third parties.. hopefully find a sustainable long term solution to dewater the well each time there is a required shut in
MEL Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
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