MEL 14.3% 0.4¢ metgasco ltd

don't mention the dugongs, page-13

  1. 934 Posts.
    ESG are in the same boat re bad CSG press, in fact ESG should have been hammered more cos of their water issues, yet when MEL vs ESG charts are overlaid ESG looks much better. I reckon MELs depressed sp is mostly related to lack of cash to move forward. Imo a cap raising a while back when the sp was sitting around 41c would have worked, so I hope this is the beginning of a pump back to 40c.
 
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