MEL 14.3% 0.4¢ metgasco ltd

http://www.smh.com.au/nsw/metgasco-project-referred-to-icac-as-li...

  1. 15 Posts.
    http://www.smh.com.au/nsw/metgasco-project-referred-to-icac-as-links-to-obeid-family-emerge-20140515-zrdfz.html

    The alleged links are a bit of a long shot to me.

    Hopefully some sanity can be brought back to this issue, if management can show they have followed the rules as they were set out.

    I remain a holder of this stock but it is turning into a pertinent lesson for the issues that can go wrong when investing in spite of the best analysis of a companies future prospects or potential.

    If this action has the desired affect of those protesting and all future activities are suspended for a detrimental length of time it is a very sad day for business in NSW.

    I hope these protesters decide one day to join the mainstream, I hope that when they do they also find that their actions today have removed the desired jobs they arrogantly thought would always be there for them in the future.

    I also hope they find they can't pay their utility bills because they fought so hard against the clean energy source that would have made them cheaper.

    To those genuine conservation types that have used their own money to stay on the protest site I wish you all the best for those others that have used their welfare money (my taxes) to camp out and assist me in achieving a large capital loss - well I hope that as each federal budget is delivered your welfare is reduced a little further.
 
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