MEL 0.00% 0.4¢ metgasco ltd

starting to worry, page-6

  1. 6,593 Posts.
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    A GSA for 1.5mtpa will see income of 360 million per year. 3mtpa = 720 million income. Current market cap is around 90. Enough said. We aren't drilling multi lateral pilots for fun, it is to prove that we can produce at commercially viable rates so as to sign a deal. LNG have got a stake in us, the other projects will need ramp up gas. In three years I can't see why this won't be over 5 dollars. In three months I can't see us being under a dollar.
 
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