MEL 0.00% 0.5¢ metgasco ltd

Posted in Both BOW & MEL :Hi Team,Just spent some time this...

  1. 504 Posts.
    Posted in Both BOW & MEL :

    Hi Team,
    Just spent some time this morning on spreadsheet by throwing both BOW & MEL 3P numbers to find-out what possible price we could get at current bullish CSG market:

    As you all know currently BOW trading 0.15 cents\GJ and MEL trading at 0.05 cents\GJ. See the sheet below:

    Please tell me why MEL can't get $1.90 (i.e. 25 cents\GJ) if it get TO-Offer now ?


    Cheers

    SAT


 
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