MEL 14.3% 0.4¢ metgasco ltd

So Mr Augustus, you report we got 4 production CSG seams...

  1. 976 Posts.
    So Mr Augustus, you report we got 4 production CSG seams (Harrier) and trad gas in a "field" of ginormous proportions.
    No arguement from me.
    This "field" appears to stretch from Casino almost to Grafton - we got Kingfisher (near the airport) down the Summerland Way to Rappville, then the Thornbills (Wipperie) and on south of Grafton. If the seismic proves this up then this "field" aint a seam of coal saturated with gas this is a lake of gas.
    I am, as we know a fool, and ignoramus on these matters. But a look @ MEL's last Q report confirms their optimism.
    I refer posters with faith to p 48 of the Fin yesterday. The analysts have no eyes on the small players; they have no belief or conviction.
    We are all alone.
    The sellers are in stop loss mode or panicking.
    As Mr Lincoln has said: "Stand by me".
 
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