MEL 40.0% 0.3¢ metgasco ltd

suspending some!, page-32

  1. 8,606 Posts.
    Yes Dr.Noh.

    This is going to split a few.
    I wonder how many stubborn farmers invested banking on their own potentially positive outcomes?

    Wow.

    What gets me is how Henderson stated that (in different words) that this creates good value for within 3-2yrs things could change. And that monetary appreciation will attract capital and partnerships.

    Buy-out? Farm-in (so to speak)? Sell-out? Takeover potential? Sit on hands? Seizmics only while appreciating the resource?
    (there could be merit in putting this share in the bottom drawer - maybe ask a financial advisor, i'm not one)

    Contrarian investing anyone?
    Only if you're:
    a)smart
    b)silly.

    It will take a better investor than I!

    L
 
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