MEL 14.3% 0.4¢ metgasco ltd

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  1. 308 Posts.
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    hmm interesting "hold for 5 years" "happy they do nothing but save cash".. i got these things when i was 44 and now at 53 dont feel like wasting another 5 years.

    management should be confirming their previous claims of large natural gas resource.. this also sticks it up the gov. shows everyone they have the gas and when the so called gas price increases start will instantly cause the gov a red face, MEL will be re-rated and we may actually have a company others want to take over!

    instead this is a maybe company with a maybe resource and i dont want to wait 14 years to break even? get on with it.. if we use up the money to prove the gas claims previously made then good, a great use of funds.. prove it all then close it down if no more money.. better than being a "maybe" company

 
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