Buddy134 If all it takes is for a minority group to make some...

Buddy134

If all it takes is for a minority group to make some noise to stop NSW, in its tracks, what hope is there for any future projects in this State?

And if I were ERM Power, I would be making a lot of noise. Are they just a passive investor, or do they want Mel's gas? They could make a big difference, if they were vocal and expressed their concerns to the State Govt. After all the 58 million shares they bought in 2011, made a dent on their balance sheet. And for what, lose their money like the rest of us Mel long term holders, who saw Mels huge potential, and invested in this state?

Unfortunately, in 2011, I got caught up in the excitement of takeovers such as ESG and Bow Energy, and the papers were saying, we were next. If only I could see the nightmare that was to unfold I would have sold in 2011. I became a shareholder in Jan 10, a few months after announcement of biggest gas discovery 'Kingfisher' and remember Mel hit 1.01