Australia's largest stock trading and investment forum Australia's #1 stock forum

MMR

0.00%

0.4¢ mec resources limited

Drill PEP 11 Now

1 Last

Share
Profile

Follow
Mschubach

209 Posts.

86

12/06/18

10:27

Post #: 33645466
Share

In regards to the above, you were or are connected to Breeze so why would I vote in your favour. The last drill result was under his watch, that was a great outcome. I believe the present board is totally professional and will not waste money and time proving up the resource. You and your lot have what experience in this field?

MMR Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
8 Upvote

0 Great analysis

Reply
Share
Profile

Follow
gypsy5

344 Posts.

105

12/06/18

11:54

Post #: 33648766
Share

Originally posted by Mschubach ↑

I copied a part of my post to HC I made back on 22 March 2017

"Testing has been delayed too long... if the risk is too great after testing then so be it!!!
For those who read this... and think there is no chance of finding gas... will not be buying shares and will leave negative comments here.... care factor 0"

Back in March 2017; I was pleading for any action (something that is happening with Bounty Oil right now)
The reference "too higher a risk" ...Was meant to imply that MEC could just walk away ...just like Santos
Someone on HC, soon after the failed 2010 drill, criticized the company on the grounds "that the amount of gas projected was 1.7 trillion cubic feet" .. and how could you Miss that!"
Hence, all our resources need to be put to de-risking FIRST

Tom, thankyou for making your points, but my Q to you: how did you cope with nothing being done for 6 years
P.S. l am only a small investor and my comments reflect my point of view

Expand

Last edited by gypsy5: 12/06/18

MMR Price at posting: 2.0¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply