MEL
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16.7% 0.4¢ metgasco ltd

the butterfly effect?

  1. 77anthony
    299 Posts.
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    09/11/11
    11:51
    Post #: 9260631
    Dart Energy plans to restructure its arrangements with Shell. The restructure includes a payment of USD 12 million to Shell. This will be funded by disposal of non-core assets.

    Non-core assets will almost certainly include Dart's 5.4% holding in LNG Ltd.

    I think it's a pretty safe bet that the buyer of the LNG Ltd holding will be a CNPC/HQCEC associate.

    This may signal HQCEC/CNPC plans to control of LNG Ltd and ultimately MEL.



    MEL Price at posting: 55.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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