NSW Govts non response to questions about Metgasco.
NR MP Mr Gulaptis said he was "extremely disappointed that negotiations between Mel and NSW Govt have fallen away". "I have not been privy to the negotiation process but I understand the NSW Govt made a substantial offer based on an independent valuation",he said.
While I see any buyback of PELs a failure by the NSW Govt, I hope the independent valuation is based on Mels certified reserves. That is the fairest and only way to get us long suffering shareholders on board.
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