Hi Misterfood,
No, I don't think FL is held up because MEL aren't ready.
MEL can't be ready for anything to do with export (p3 Q Report) - be it LWPL or FLEX - unless they have a JV farm-in partner. It won't be LNG they haven't the cash.
Until someone walks in with a firm deal MEL will continue doing what they are doing.
Shareholder happiness or disappointment will depend on the terms of the deal. If it's anything like WCL - when dealing with the Chinese think of a date & add 2 years.
hs
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Last
0.2¢ |
Change
-0.001(20.0%) |
Mkt cap ! $3.665M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $240 | 120K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 15479999 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10793315 | 11 |
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| Last trade - 11.31am 18/07/2025 (20 minute delay) ? |
| MEL (ASX) Chart |