Morning Trading March 18, page-87

  1. 8,033 Posts.
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    MEL so undervalued
    follow the sector, oil and gas



    If Cervantes hits then MEL have about $400m of oil in the ground net
    If it doesn't hit then they still have cashflow coming from the Vali & Odin gas fields later this year

    With VEN trading at almost 3x the market cap of MEL
 
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