This whole situation puts the government between a rock and a hard place. If they pay out reasonable compensation they will still look incompetent. If they don't they show themselves as presenting a sovereign risk for business.
I really want the company to start drilling holes and selling gas but if the government wants it stopped I want the gas rights to stay with MEL in perpetuity until a new government gives the all clear. That's not to say I don't want to be compensated for the previous 10 years of investment.
This gas will be exploited by someone in the future.
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $3.665M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 15729999 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 10393315 | 10 |
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| Last trade - 16.21pm 22/07/2025 (20 minute delay) ? |
| MEL (ASX) Chart |
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