MEL 0.00% 0.4¢ metgasco ltd

For a guy who's apparent plan is to hold for 7-10 years (more...

  1. 6,588 Posts.
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    For a guy who's apparent plan is to hold for 7-10 years (more than double your money just in the bank) I thought you might've come up with some positives regarding what you see the company doing going forward, that's all.

    I personally see further conventional success and a farm in as potential short term kickers, with proof of concept on the flow rates and further reserve maturation as longer term catalysts. Obviously any takeover attempt would see some action at any point. You must think this is a potential possibility based on our resource and comparative valuation by any metric?

    Sorry, I'm just struggling with why you continually come out with the negatives, don't give a concrete positive about the company, yet claim to have held for 5 years with the intention of holding for 3-5 more? Maybe after it dips below 20 (which I can't see happening)you'll be able to fill us in?
 
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Last trade - 16.12pm 16/08/2024 (20 minute delay) ?
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