MEL 0.00% 0.3¢ metgasco ltd

""(Rule of Law ? Well chaps NSW Gov will take our Gas ! Give us...

  1. 24,386 Posts.
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    ""(Rule of Law ? Well chaps NSW Gov will take our Gas ! Give us stuff all for it !
    Sit on it when they really need it !)""

    Who is not to say that, once the Government will own all what MEL discovered, they will do another act like the selling of the poles and wire to some Chinese Investors, and reap the whole of the benefits themselves.?

    After all they've managed to claim ownership of all the power poles and wires once belonging to all the Shires and Councils ratepayers and then amalgamated them into three different entities (all Govt. Owned and controlled of course), and now they will either sell them or lease them out for 99 years.

    As to what will be left after leasing them for 99 years to another party, that will remain to be seen. But, IMO we will then be asked to contribute a hell of a lot of money to rebuild it to the next standards.

    Dyor!!
    Last edited by buddy134: 31/05/15
 
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