MEL 0.00% 0.3¢ metgasco ltd

perfect pennant, page-33

  1. 1,215 Posts.
    I have a lower target in mind ;)

    the ftse is down, china is on the skids... my cash retention has saved me from a huge loss so far :)

    Also the fed government came out towing the line of the dumb independents...

    Even the fed's labor counter part in QLD came out defending our industry:

    http://www.couriermail.com.au/news/bligh-offers-csg-help/story-e6freon6-1226203063565

    MEL's reserves are going to be expensive to get to market is the only negative from the WCL AGM today (Westside are of course pushing their close proximity to Gladstone), but it was generally agreed if MEL can sure up enough reserves, the expense to get the gas to market wont really be a problem.

    If I can get my top up target i'll be very happy :)

 
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