This is at the same raise price as the last CR and has cheap options thrown in. The last CR allowed MEL to do the present very successful drilling program.
I feel for the journey with this company that you have been through and understand your sentiment. However the future looks a lot better than the recent past to me .
It should be comforting that that the Chairman has bought a decent parcel on market cum entitlement at 2.7 cents per share .
MEL Price at posting:
2.7¢ Sentiment: Buy Disclosure: Held
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