MEL 0.00% 0.3¢ metgasco ltd

There's the possibility of another sell-off when the SPP shares...

  1. 347 Posts.
    There's the possibility of another sell-off when the SPP shares are available for trading tomorrow but I think that, as before, it would be quite short-sighted to sell...

    I think anybody following the company properly, and the latest updates, the reserve upgrades and the potential for a large conventional gas reservoir (in a formally energy-starved area) probably wouldn't be hurrying to offload their shares... so much still to come from untested areas, and even new CSM well (Corella P18) might start to give a better indication of the future of that resourse also.

    I'm actually hoping to get my almost $5k returned from the SPP and buy some more shares at whatever price people give them away at tomorrow... unfortunately that's the only available cash I have to pick up at reduced prices...
 
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