MEL metgasco ltd
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I think proving up 1P and doubling up 2P resources would be the...

  1. kent1810
    547 Posts.
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    24/02/10
    07:44
    Post #: 6368396
    I think proving up 1P and doubling up 2P resources would be the short-term objective. That's probably why they are focusing on testing KF at the moment.

    Finding development JV partners or selling assets would be their medium to long term view. MEL is way undervalue based on reserves in comparison to peers like Eastern Star, Molopo and Bow.
    MEL Price at posting: 63.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.000(0.00%) 		Mkt cap ! $4.581M
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