I've been holding MEL for a bit now and really excited for the upcoming drill at Cervantes and the free oppies next month.
With news coming out from the two drills prior in the same area it could really be a big run in the lead up to the drill hitting the ground imo.
Lots of news flow coming up with the rig final contract done and drilling news from the rig on the other 2 drills before. Surely holders will hold and buy some more for the free oppies also.
I see oil and gas prices increasing in the bear future so the sector should run imo.
Big few months coming up for MEL. Completely flying under the radar atm imo!
MEL Price at posting:
3.0¢ Sentiment: Buy Disclosure: Held
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