MEL 0.00% 0.5¢ metgasco ltd

When did a politician ever admit that he was wrong? MEL...

  1. 54 Posts.
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    When did a politician ever admit that he was wrong? MEL "shareholders" voted to accept the government's offer without even a buyback clause in the contract. As far as MEL is concerned it is over! They don't even have the $25m to buy the concession back even if the government were to do the decent thing.

    No doubt at some stage another company will be awarded the license and a certain minister will bask in the glory of stepping in yet again to help resolve the gas crisis! Sickening though that might be.
 
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