MEL
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16.7% 0.4¢ metgasco ltd

erm vs. lng, page-8

  1. aras
    1,171 Posts.
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    13/10/11
    13:27
    Post #: 9136050
    I don't think Wellington has anything to do with it as it is already on the gas pipeline.

    I think they want something to do with Mel's power station and may in fact want to build a much bigger one than Mel has planned.

    If the Lions Way pipeline is built then Mel can supply their QLD power station in Oakey. They have a power supply agreement with AGL which runs out end 2014.
    MEL Price at posting: 48.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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